“We believe Salmon Australia will complement and strengthen our industrial division’s presence in the Australian market, ” said Sime Darby CEO Datuk Jeffri Salim Davidson. (pic)
PETALING JAYA: Sime Darby Bhd
has diversified into industrial rental equipment with the acquisition of Australian-based Salmon Earthmoving Holdings Pty Ltd that provides rental and maintenance services to the civil construction, agricultural and mining sectors.
In a statement yesterday, Sime Darby said it expected the transaction to complete by August, subject to approval from the foreign investment review board of Australia.
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