Vysarn's strategic acquisition and contract win

Vysarn (ASX:VYS) has successfully completed the acquisition of CMP Consulting Group Pty Ltd as of December 1, 2024. This acquisition was initially announced on September 13, 2024. CMP Consulting Group has also secured a Shared Purchasing Professional Service Contract with Sydney Water Corporation to provide design services for major projects.

Overview of Vysarn's latest strategic moves

Vysarn Limited has finalized the acquisition of CMP Consulting Group, a move that expands its service capabilities and market reach. CMP Consulting's new contract with Sydney Water Corporation, structured as a master services agreement valid until June 30, 2027, positions Vysarn to provide essential design services for major projects. This strategic acquisition and contract win align with Vysarn's corporate strategy to enhance its service offering and drive growth. The company aims to leverage these developments to strengthen its market presence and deliver value to stakeholders.

Executive commentary on acquisition and contract

The Board of Vysarn is pleased to announce the completion of the acquisition of CMP Consulting Group Pty Ltd. This strategic acquisition is a significant milestone for Vysarn as it aligns with our growth strategy and strengthens our capabilities in providing comprehensive design services. CMP Consulting securing a contract with Sydney Water Corporation further enhances our service offerings and market presence.