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PRESS RELEASE

Capral signs agreement to acquire Comsupply

2MINS READ

Capral Limited is pleased to announce that it has entered into a binding agreement to acquire the business of Comsupply Pty Ltd, a privately held aluminium systems and hardware distributor based in Perth, Western Australia.

Capral signs agreement to acquire Comsupply

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Founded as a family-owned business, Comsupply has built a strong reputation in the Western Australian market, servicing over 350 account customers with a diverse product offering across aluminium partition systems, wardrobes, and hardware. The company generates approximately $15 million in annual revenue.

Comsupply’s operations are based in Belmont, Perth, and include a patented range of aluminium partition systems known as QRK, which Capral sees as a strategic opportunity for expansion through its national specification capability.

“Comsupply is a well-established and respected business in the WA market, and this acquisition provides Capral with a strong platform to expand our aluminium systems and hardware offering,” said Barry Lunn, Divisional General Manager – Capral Building Systems. “We see significant opportunity to leverage Comsupply’s local presence and product range, particularly the QRK partition systems, to grow our footprint and serve our customers in Western Australia and with plans to expand in the future.”

“This acquisition is aligned with Capral’s strategic objective of acquiring businesses that complement and strengthen our core operations,” said Tony Dragicevich, CEO of Capral. “Comsupply brings a loyal customer base, experienced team, and supplier relationships that will enhance our capabilities and support our long-term growth ambitions.”

The transaction is expected to be completed following customary conditions, integration planning is underway. Comsupply will continue to operate as a standalone business in the near term, with its General Manager reporting into Capral’s Building Systems division.  Capral looks forward to welcoming the Comsupply team and customers into the Capral network.

Note: This article has been issued by automicgroup and has been published by AL Circle with its original information without any modifications or edits to the core subject/data.

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