Environmental Group to Acquire Advanced Boilers & Combustion for AU$5.5 Million; Shares Down 6%

MT Newswires Live

04/01

Environmental Group (ASX:EGL) agreed to acquire industrial boiler service and manufacturing business Advanced Boilers & Combustion for AU$5.5 million on a debt-free basis, according to a Monday filing with the Australian bourse.

Established in 2006, Advanced Boilers owns exclusive intellectual property rights to Maxitherm boiler technology, which complements Environmental Group's existing range of boilers, the filing stated.

Advanced Boilers reported revenue of AU$16 million in the fiscal 2024.

The deal is expected to be completed around April 5.

Environmental Group's shares were down nearly 6% in recent Tuesday trade.

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2524346161"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2524346161\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2524346161?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-01 12:55","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2524346161","market":"sg","top_or_hot":-1,"title":"Environmental Group to Acquire Advanced Boilers & Combustion for AU$5.5 Million; Shares Down 6%","media":"MT Newswires Live","content":"<html><body><p> Environmental Group (ASX:EGL) agreed to acquire industrial boiler service and manufacturing business Advanced Boilers &amp; Combustion for AU$5.5 million on a debt-free basis, according to a Monday filing with the Australian bourse.</p><p>Established in 2006, Advanced Boilers owns exclusive intellectual property rights to Maxitherm boiler technology, which complements Environmental Group's existing range of boilers, the filing stated.</p><p>Advanced Boilers reported revenue of AU$16 million in the fiscal 2024.</p><p>The deal is expected to be completed around April 5.</p><p>Environmental Group's shares were down nearly 6% in recent Tuesday trade.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Environmental Group to Acquire Advanced Boilers & Combustion for AU$5.5 Million; Shares Down 6%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEnvironmental Group to Acquire Advanced Boilers & Combustion for AU$5.5 Million; Shares Down 6%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-04-01 12:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Environmental Group (ASX:EGL) agreed to acquire industrial boiler service and manufacturing business Advanced Boilers &amp; Combustion for AU$5.5 million on a debt-free basis, according to a Monday filing with the Australian bourse.</p><p>Established in 2006, Advanced Boilers owns exclusive intellectual property rights to Maxitherm boiler technology, which complements Environmental Group's existing range of boilers, the filing stated.</p><p>Advanced Boilers reported revenue of AU$16 million in the fiscal 2024.</p><p>The deal is expected to be completed around April 5.</p><p>Environmental Group's shares were down nearly 6% in recent Tuesday trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B7SZL793.SGD","symbol_name":"Legg Mason Royce - US Small Cap Opportunity A Acc SGD-H","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2524346161","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2524346161","pubTimestamp":1743483316,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Environmental Group  agreed to acquire industrial boiler service and manufacturing business Advanced Boilers & Combustion for AU$5.5 million on a debt-free basis, according to a Monday filing with the Australian bourse.Established in 2006, Advanced Boilers owns exclusive intellectual property rights to Maxitherm boiler technology, which complements Environmental Group's existing range of boilers, the filing stated.Advanced Boilers reported revenue of AU$16 million in the fiscal 2024.The deal is expected to be completed around April 5.Environmental Group's shares were down nearly 6% in recent Tuesday trade.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00B7SZL793.SGD":"Legg Mason Royce - US Small Cap Opportunity A Acc SGD-H","BK7088":"工业机械","BLZ.SI":"爱文思控股","IE0031619046.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) INC","EGL.AU":"ENVIRONMENTAL GROUP LTD/THE","AEIS":"先进能源工业公司","IE00B19Z4B17.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) ACC","BK4157":"电子设备和仪器","IE00B66KJ199.SGD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY  \" A\" (SGD) ACC"},"translate_title":"环境集团将以550万澳元收购Advanced Boilers&Combustion；股价下跌6%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EGL.AU":0.9,"AEIS":1,"BLZ.SI":1},"content_text":"Environmental Group (ASX:EGL) agreed to acquire industrial boiler service and manufacturing business Advanced Boilers & Combustion for AU$5.5 million on a debt-free basis, according to a Monday filing with the Australian bourse.Established in 2006, Advanced Boilers owns exclusive intellectual property rights to Maxitherm boiler technology, which complements Environmental Group's existing range of boilers, the filing stated.Advanced Boilers reported revenue of AU$16 million in the fiscal 2024.The deal is expected to be completed around April 5.Environmental Group's shares were down nearly 6% in recent Tuesday trade.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding,merge","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}