Capral Aluminium has today announced the acquisition of Apple Aluminium in Brisbane, as part of a strategic move aimed at expanding market reach and enhancing operational capabilities.
Capral plans to leverage Apple Aluminium’s established market position, skilled workforce and strong customer relationships to enhance its service offerings in Brisbane.
Apple Aluminium was established in 1983, and over its 40-year history has grown across multiple industries – offering advanced services like industrial light fabrication and CNC machinery.
Capral said the acquisition, although relatively small with annual sales of around $12 million, aligns with its strategy to strengthen its market presence through targeted acquisitions and strategic investments.
The agreement is also expected to yield synergies, enabling Capral to deliver greater value through improved logistics, prefabrication services and enhanced customer support to local manufacturers.
Capral Aluminium CEO and Managing Director, Tony Dragicevich, said the Apple Aluminium deal aligns with Capral’s long-term strategy of growth through strategic acquisitions and continuous improvement.
“This acquisition represents a strategic move to expand our market presence and strengthen our operational capabilities in Brisbane,” he said.
“Apple Aluminium has built a strong reputation for quality and service, values that parallel Capral’s.
“We look forward to working with the experienced Apple Aluminium team as we transition the business into our distribution network.”
Earlier this year, Capral also announced its acquisition of Victorian-based aluminium sales and distribution business, Aluminium Trade Centre.
In other news, registrations for the 2024 North Coast Petroleum Casino Truck Show will be opening on 1 July.
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