SCEE Group Completes Acquisition of Force Fire Holdings

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SCEE Group Completes Acquisition of Force Fire Holdings

An announcement from Southern Cross Electrical Engineering Limited ( (AU:SXE) ) is now available.

Southern Cross Electrical Engineering Limited has completed the acquisition of Force Fire Holdings Pty Ltd, a provider of fire safety solutions in New South Wales and Queensland. This acquisition supports SCEE’s strategy to enhance its service offerings and increase its recurring revenue streams by integrating fire safety solutions, which align with its core electrical and complementary capabilities.

More about Southern Cross Electrical Engineering Limited

Southern Cross Electrical Engineering Limited (SCEE Group) operates in the electrical engineering industry, providing a range of services including communications, security, and manufacturing. The company focuses on delivering electrical solutions and has a strategic interest in expanding its capabilities to include complementary services.

YTD Price Performance: 6.18%

Technical Sentiment Signal: Sell

Current Market Cap: €253.1M

Find detailed analytics on SXE stock on TipRanks’ Stock Analysis page.

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