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Acquistion of Fredon Industries

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NRW Holdings Limited is pleased to announce that it has executed a binding agreement to acquire 100% of Fredon Industries Pty Ltd.

Established in 1968, Fredon is a leading national provider of multi-service Electrical, HVAC, Infrastructure, Technology and Maintenance services with a long track record of strong revenue growth and cashflow generation, supported by a capital light operating model.

The acquisition of Fredon, once completed, aligns with NRW’s strategy to grow through expanding the service offering, delivering new capabilities and entering new addressable markets.

Below are the links to our ASX releases announcing the acquisition.

Fredon Acquisition Announcement

Fredon Acquisition Presentation