Coventry Group Ltd (ASX: $CYG) has announced the completion of the acquisition of Steel Masters Auckland Limited, known as Steelmasters Group, in accordance with the agreement to acquire all of the shares. The acquisition marks a significant development for Coventry Group Ltd.
We welcome the team at Steelmasters into the Coventry Group.
Coventry Group Ltd (ASX: $CYG) has successfully completed the acquisition of Steelmasters Group, demonstrating its commitment to strategic expansion. The acquisition is expected to contribute to Coventry Group's growth and enhance its market position. With the completion of this acquisition, Coventry Group Ltd is poised to strengthen its presence in the industry and capitalize on the synergies between the two entities. The company remains focused on pursuing opportunities that align with its corporate strategy and drive sustainable value for its stakeholders.