Acquiring Company
Vysarn Ltd
Acquired Company
Technologies International Group Pty Ltd
Description
Vysarn Ltd announced a binding agreement to acquire Welltech for AUD 37.25 million in cash and shares. This acquisition aims to enhance Vysarn's water services capabilities and expand its customer base. Additionally, Vysarn launched a capital raising initiative to fund the transaction. The deal signifies Vysarn's commitment to a strategy of growth through acquisitions.
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Based on deal dataFrequently asked
Who acquired Technologies International Group Pty Ltd?
Technologies International Group Pty Ltd was acquired by Vysarn Ltd, based in Perth. The deal was reported on July 28, 2026. Vysarn Ltd is a company specializing in water services, including water supply, bypass operations, and drilling services. The company focuses on vertically integrated solutions to enhance its operational efficiency. Vysarn Ltd is privately held and operates in Water.
When did Vysarn Ltd acquire Technologies International Group Pty Ltd?
Vysarn Ltd's acquisition of Technologies International Group Pty Ltd was reported on July 28, 2026. Vysarn Ltd announced a binding agreement to acquire Welltech for AUD 37.25 million in cash and shares. This acquisition aims to enhance Vysarn's water services capabilities and expand its customer base. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Technologies International Group Pty Ltd do?
Welltech, trading as Technologies International Group Pty Ltd, has been providing water and sewerage management solutions since 1995. The company's services cater to various sectors, including civil construction, utilities, government, and resources. It is privately held, operating in Water, and is based in Perth.