External broker reports(aggregated public sources), Moelis Australia Ltd

MA Moelis Australia

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External broker reports(aggregated public sources)

Moelis Australia Ltd

Equity Bottom-Up

<div><div><div><div><ul><li>EGL has announced the acquisition of industrial boiler service and manufacturing business Advanced Boilers &amp; Combustion Pty Ltd for $5.5m.</li><li>Advanced Boilers is a leading domestic industrial boiler service and manufacturing business, established in 2006.</li><li>In FY24, Advanced Boilers generated revenue of $16m and normalised EBITDA of $1.6m. </li></ul></div></div></div></div><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

EGL has announced the acquisition of industrial boiler service and manufacturing business Advanced Boilers &amp; Combustion Pty Ltd for $5.5m.Advanced Boilers is a leading domestic industrial boiler service and manufacturing business, established in 2006.In FY24, Advanced Boilers generated revenue of $16m and normalised EBITDA of $1.6m. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

The Environmental Group Ltd - Acquisition of Advanced Boilers & Combustion