Acquisition History / Symal Group Limited (ASX: SYL) / Davison Earthmovers
Symal Group Limited (ASX: SYL) Acquires Davison Earthmovers
Announced December 18, 2025 — $15.3M
What happened
Symal Group agreed to acquire 80% of South Australian earthmoving and civil contractor Davison Earthmovers for A$23.2 million, marking its entry into the South Australian market. It was one of two bolt-ons Symal announced in December 2025.
- Acquirer
- Symal Group Limited (ASX: SYL)
- Target
- Davison Earthmovers
- Announced
- December 18, 2025
- Price
- $15.3M
- Industry
- Earthmoving and civil contracting
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Symal Group Limited (ASX: SYL) acquire Davison Earthmovers?
Symal Group Limited (ASX: SYL) acquired Davison Earthmovers on December 18, 2025. This was Symal Group Limited (ASX: SYL)'s 1st publicly tracked acquisition out of 2 we have on record.
How much did Symal Group Limited (ASX: SYL) pay for Davison Earthmovers?
Symal Group Limited (ASX: SYL) paid $15.3M for Davison Earthmovers.
What does Davison Earthmovers do?
Symal Group agreed to acquire 80% of South Australian earthmoving and civil contractor Davison Earthmovers for A$23.2 million, marking its entry into the South Australian market. It was one of two bolt-ons Symal announced in December 2025.
What other Earthmoving and civil contracting companies has Symal Group Limited (ASX: SYL) acquired?
Davison Earthmovers is Symal Group Limited (ASX: SYL)'s only publicly tracked acquisition in Earthmoving and civil contracting so far.
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