Acquisition History / Symal Group Limited (ASX: SYL) / Shamrock Civil Engineering
Symal Group Limited (ASX: SYL) Acquires Shamrock Civil Engineering
Announced June 17, 2026 — $33.7M
What happened
Symal Group entered a conditional agreement to acquire Queensland-based defence and resources civil contractor Shamrock Civil for A$51 million upfront (A$40.8m cash and A$10.2m in Symal shares). Shamrock turns over more than A$220 million a year with over 70% of its pipeline tied to defence work.
- Acquirer
- Symal Group Limited (ASX: SYL)
- Target
- Shamrock Civil Engineering
- Announced
- June 17, 2026
- Price
- $33.7M
- Industry
- Civil construction / defence 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 Shamrock Civil Engineering?
Symal Group Limited (ASX: SYL) acquired Shamrock Civil Engineering on June 17, 2026. This was Symal Group Limited (ASX: SYL)'s 2nd publicly tracked acquisition out of 2 we have on record.
How much did Symal Group Limited (ASX: SYL) pay for Shamrock Civil Engineering?
Symal Group Limited (ASX: SYL) paid $33.7M for Shamrock Civil Engineering.
What does Shamrock Civil Engineering do?
Symal Group entered a conditional agreement to acquire Queensland-based defence and resources civil contractor Shamrock Civil for A$51 million upfront (A$40.8m cash and A$10.2m in Symal shares). Shamrock turns over more than A$220 million a year with over 70% of its pipeline tied to defence work.
What other Civil construction / defence contracting companies has Symal Group Limited (ASX: SYL) acquired?
Shamrock Civil Engineering is Symal Group Limited (ASX: SYL)'s only publicly tracked acquisition in Civil construction / defence contracting so far.
More Symal Group Limited (ASX: SYL) acquisitions
Davison Earthmovers
$15.3M · 2025