Automation IT, a specialist automation and control systems engineering operator has been acquired by Saunders International, an ASX-listed construction, maintenance and engineering services business
Brisbane – CFI is pleased to announce that it acted as M&A advisor to Automation IT in the sale of their business to Saunders International Limited.
Automation IT is a specialist automation and control systems engineering business operating in the energy, water, defence, and mining industries.
Saunders International Limited is an ASX-listed company that provides construction, maintenance and engineering services to the energy, resources and infrastructure sectors. The acquisition will accelerate Saunders’ market expansion into Industrial Automation and Control Systems and expand the organisation’s geographical footprint in Queensland and Western Australia.
This transaction closed July 2023.
This transaction was advised by:
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