Sime Darby buys major Australian rental company

Murray Pollok Managing Editor, IRN & Director of Content, KHL

02 March 2023

Malaysia-based Sime Darby is to acquire Onsite Rental Group, one of the largest rental businesses in Australia, for A$635 million (€402 million).

Onsite reported revenues of A$302.1 million (€191 million) in the year to 30 June 2022, with profits after tax of A$33.0 million (€21 million) and EBITDA profit…

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