Acquisition of Trivantage Holdings Pty Ltd slide image

Acquisition of Trivantage Holdings Pty Ltd

Acquisition consistent with SCEE's strategy scee Over the past four years, SCEE implemented a strategy to diversify into commercial, infrastructure, defence, telecommunications, industrial, energy and utilities work across Australia This strategy was significantly progressed via the successful acquisitions of Heyday and Datatel and also through SCEE's organic diversification initiatives. A further part of the strategy has been to focus on increasing the level of recurring, services and maintenance work to enhance the consistency of earnings The acquisition of Trivantage represents significant further steps in the successful execution of this strategy: ■ Further end market diversification - through exposure to the resilient supermarket sector and a greater presence in Victoria and Queensland Increasing recurring, services and maintenance revenue streams - circa 75% of Trivantage's revenues are derived from existing relationships as an approved contractor/preferred supplier Diversifies group capabilities - with sharing of best practices between business units and potential synergies Further cross-selling opportunities - particularly with the addition of high-quality switchboard design and manufacturing capability Acquisition of Trivantage Holdings Pty Ltd 5
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