Metcash Limited (ASX:MTS) has entered into binding agreement to acquire Alpine Truss Pty. Ltd. on February 5, 2024. Metcash has funded the acquisition from proceeds of the Placement alongside AUD 277.5 million of existing cash and available debt facilities. The transaction is expected to close in Q4 2024. The acquisition of Alpine Truss is margin accretive at three levels, each prior to synergies: in respect of the Food business.

Metcash Limited (ASX:MTS) completed the acquisition of Alpine Truss Pty. Ltd. for AUD 66.3 million in March, 2024.