Could this $28 million deal make Symal Group Australias next big power in Queensland infrastructure?
Source: Kapitales Research
Highlights:
Symal Group Limited (ASX: SYL) jumped 5.7% at the time of writing after announcing a conditional A$28 million deal to acquire Queensland contractors Timms Group and L&D Contracting.
The acquisition, expected to complete in the third quarter of FY2026, will expand Symal’s footprint in Queensland’s fast-growing civil and infrastructure sector.
The two acquired businesses bring strong project pipelines and operational capabilities, positioning Symal for stronger revenue and earnings growth.
Symal goes big in Queensland
At the time of writing, Symal Group has surged after announcing a conditional A$28 million acquisition targeting civil contractors Timms Group and L&D Contracting, both based in Queensland. If completed — expected in the third quarter of fiscal year 2026 — the deal promises to significantly enhance Symal’s footprint in the region’s booming infrastructure and civil-works market.
What the acquisition adds
Timms Group and L&D Contracting bring into Symal a wide range of services including civil contracting, haulage, materials handling, and demolition work. Notably, L&D Contracting has been involved in major projects like the Queen’s Wharf development —offering Symal access to a skilled workforce, heavy equipment, and an active project pipeline.
Symal says the added businesses will strengthen its integrated contracting model, enabling it to deliver end-to-end infrastructure, building and civil-works services across Queensland. The acquisition is also expected to contribute a forecast annualised EBITDA of about A$8 million in FY26.
Why this matters now
Australia — especially Queensland — is entering a major growth phase in infrastructure, fuelled by ongoing public works and long-term events like the 2032 Brisbane Olympics. Symal’s move appears strategically timed to capture a growing share of that expanding market.
Outlook and what to watch
If the acquisition closes as planned, Symal could position itself as a major civil-works player across states, offering broader services and boosting operational scale. Investors will watch whether Symal can integrate the new firms smoothly and convert that potential into stronger earnings.
Disclaimer for Kapitales Research
The materials provided by Kapitales Research, including articles, news, data, reports, opinions, images, charts, and videos ("Content"), are intended for personal, non-commercial use only. The primary goal of this Content is to educate and inform readers. This Content is not meant to offer financial advice, nor does it include any recommendation or opinion that should be relied upon for making financial decisions. Certain Content on this platform may be sponsored or unsponsored, but it does not serve as a solicitation or endorsement to buy, sell, or hold any securities, nor does it encourage any specific investment activities. Kapitales Research is not authorized to provide investment advice, and we strongly advise users to seek guidance from a qualified financial professional, such as a financial advisor or stockbroker, before making any investment choices. Kapitales Research disclaims all liability for any direct, indirect, incidental, or consequential damages arising from the use of the Content, which is provided without any warranties. The opinions expressed by contributors or guests are their own and do not necessarily reflect the views of Kapitales Research. Media such as images or music used on this platform are either owned by Kapitales Research, sourced through paid subscriptions, or believed to be in the public domain. We have made reasonable efforts to credit sources where appropriate. Kapitales Research does not claim ownership of any third-party media unless explicitly stated otherwise.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Could this $28 million deal make Symal Group Australias next big power in Queensland infrastructure?
Highlights:
Symal goes big in Queensland
At the time of writing, Symal Group has surged after announcing a conditional A$28 million acquisition targeting civil contractors Timms Group and L&D Contracting, both based in Queensland. If completed — expected in the third quarter of fiscal year 2026 — the deal promises to significantly enhance Symal’s footprint in the region’s booming infrastructure and civil-works market.
What the acquisition adds
Timms Group and L&D Contracting bring into Symal a wide range of services including civil contracting, haulage, materials handling, and demolition work. Notably, L&D Contracting has been involved in major projects like the Queen’s Wharf development —offering Symal access to a skilled workforce, heavy equipment, and an active project pipeline.
Symal says the added businesses will strengthen its integrated contracting model, enabling it to deliver end-to-end infrastructure, building and civil-works services across Queensland. The acquisition is also expected to contribute a forecast annualised EBITDA of about A$8 million in FY26.
Why this matters now
Australia — especially Queensland — is entering a major growth phase in infrastructure, fuelled by ongoing public works and long-term events like the 2032 Brisbane Olympics. Symal’s move appears strategically timed to capture a growing share of that expanding market.
Outlook and what to watch
If the acquisition closes as planned, Symal could position itself as a major civil-works player across states, offering broader services and boosting operational scale. Investors will watch whether Symal can integrate the new firms smoothly and convert that potential into stronger earnings.
Disclaimer for Kapitales Research
The materials provided by Kapitales Research, including articles, news, data, reports, opinions, images, charts, and videos ("Content"), are intended for personal, non-commercial use only. The primary goal of this Content is to educate and inform readers. This Content is not meant to offer financial advice, nor does it include any recommendation or opinion that should be relied upon for making financial decisions. Certain Content on this platform may be sponsored or unsponsored, but it does not serve as a solicitation or endorsement to buy, sell, or hold any securities, nor does it encourage any specific investment activities. Kapitales Research is not authorized to provide investment advice, and we strongly advise users to seek guidance from a qualified financial professional, such as a financial advisor or stockbroker, before making any investment choices. Kapitales Research disclaims all liability for any direct, indirect, incidental, or consequential damages arising from the use of the Content, which is provided without any warranties. The opinions expressed by contributors or guests are their own and do not necessarily reflect the views of Kapitales Research. Media such as images or music used on this platform are either owned by Kapitales Research, sourced through paid subscriptions, or believed to be in the public domain. We have made reasonable efforts to credit sources where appropriate. Kapitales Research does not claim ownership of any third-party media unless explicitly stated otherwise.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au