Cryosite Settles New South Wales Freehold Facility Acquisition

MT Newswires Live

2025/11/27

Cryosite (ASX:CTE) settled the acquisition of a freehold facility located at 100-104 Adderley Street West in Auburn, New South Wales, according to a Thursday Australian bourse filing.

Priority works at the facility after the settlement include site preparation and fit out, staged relocation of liquid nitrogen tanks to the new facility, and the establishment of controlled and uncontrolled ambient bulk storage operations, the filing said.

The acquisition of the new facility allowed the company to start upgrades at the Ferndell St facility, supporting expanded temperature-controlled storage and distribution capabilities.

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