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Saunders International Limited (ASX:SND)

ALERT: Price-sensitive ASX Announcement for SND
Current share price for SND : $1.010 0.21 (26.25%)+
Announcement
Release
15 Oct 2025 9:59AM
Price at Release
$0.800
Full Release
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Summary
Saunders International Limited, listed on the ASX as SND, has completed the acquisition of Aqua Metro as of 14 October 2025. The acquisition, initially announced on 15 July 2025, aligns with Saunders' strategy to expand its presence in the water sector, a key growth market. Aqua Metro's integration with Saunders is expected to bolster multidisciplinary project delivery by enhancing capabilities in hydraulics, mechanical, civil, and water infrastructure. The acquisition's total purchase price is up to $30 million, consisting of an initial payment of $18 million and a potential second installment based on Aqua Metro's financial performance, with final payments contingent upon achieving earn-out targets by 30 June 2026.
Key Points
  • Completion of Aqua Metro acquisition on 14 October 2025.
  • Initial acquisition announcement made on 15 July 2025.
  • Total purchase price up to $30 million.
  • Initial payment: $18 million, consisting of $11 million in cash and $7 million in shares.
  • Earn-out period ending on 30 June 2026, contingent on performance.
  • Aqua Metro strengthens Saunders' water sector capabilities.
  • Integration enhances multidisciplinary project delivery across various infrastructure sectors.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.