Northwire Canada EditionThursday, July 16, 2026
Northwire
CLCH 1.17 −4.1% DG 0.035 +0.0% SGML 15.86 −6.0% FURY 0.730 −2.7% CG 22.11 −1.9% ARIS 20.18 −1.1% LAF 1.65 +0.0% MKO 10.18 −2.2% NUG 0.330 −1.5% SGN 0.250 −5.7% AVL 7.99 −0.4% ELE 22.14 −2.7% TRX 1.03 −7.2% PTM 1.83 +0.6% OMM 0.050 −9.1% CBG 0.300 −1.6% CLCH 1.17 −4.1% DG 0.035 +0.0% SGML 15.86 −6.0% FURY 0.730 −2.7% CG 22.11 −1.9% ARIS 20.18 −1.1% LAF 1.65 +0.0% MKO 10.18 −2.2% NUG 0.330 −1.5% SGN 0.250 −5.7% AVL 7.99 −0.4% ELE 22.14 −2.7% TRX 1.03 −7.2% PTM 1.83 +0.6% OMM 0.050 −9.1% CBG 0.300 −1.6%
M&A / Property

Critical Infrastructure completes due diligence

CTTT · Price

Executive Summary

  • Critical Infrastructure Technologies Ltd. announced an agreement to acquire 100% of a Western Australian precision manufacturing company to expand advanced production capabilities and secure sovereign manufacturing capacity for its Nexus 20 and future product lines.
  • The total consideration for the acquisition is $7.7 million (Australian), plus standard net debt and working capital adjustments.
  • The target company is profitable, with revenue exceeding $7.4 million (Australian) and EBITDA of more than $1.9 million (Australian), providing a robust earnings base for Critical Infrastructure.

Key Details

  • Transaction Structure: Acquisition of 100% of issued shares in a Western Australian precision manufacturing company.
  • Consideration: $7.7 million (Australian) plus standard net debt and working capital adjustments.
  • Target Financials:
    • Revenue: Exceeding $7.4 million (Australian).
    • EBITDA: More than $1.9 million (Australian).
  • Strategic Rationale:
    • Expand advanced production capabilities.
    • Secure local sovereign manufacturing capacity for Nexus 20 and future autonomous communication systems.
    • Scale production and strengthen supply chain control.
  • Target Assets & Capabilities:
    • Certified to ISO 9001 (quality), ISO 14001 (environment), and ISO 45001 (safety).
    • Fully equipped in-house manufacturing facility featuring laser cutting systems, CNC folding/bending machines, robotic welding technology, and advanced CAD/CAM integration.
    • DISP (Defence Industry Security Program) accreditation, allowing work with the Australian Department of Defence.
    • Access to a highly skilled workforce and modern fabrication systems for faster prototyping and cost control.
  • Integration Status:
    • Finalization of the share sale agreement expected within the next five days.
    • Financing is currently being secured.
    • Subject to standard closing conditions.
  • Broader Context: Complements existing international partnerships with Babcock International, Terma, and a European Union presence in Latvia.

Notable Quotes

  • No direct quotes from executives were included in the provided text.
Read the original news release →

More from Critical Infrastructure Technologies Ltd