DGL Group Limited (AU:DGL) has released an update.
DGL Group Limited has announced its strategic acquisition of Enlog Pacific Holdings, a specialist in logistics and transportation of hazardous materials, which is expected to expand DGL’s customer base and enhance its logistics services. The deal, valued at $2.35 million and subject to regulatory approval, will be financed through cash and stock. This move positions DGL to accelerate growth by integrating Enlog’s operations and expertise into its existing network.
For further insights into AU:DGL stock, check out TipRanks’ Stock Analysis page.