• Duratec acquires 100% of EIG Australia for up to $9 million
• EIG is an Australian electrical infrastructure provider specializing in fuels and fluid transfer services
• Acquisition enhances Duratec's self-perform capabilities and service offerings in Defence, Mining & Industrial sectors

Duratec Limited (ASX: DUR) has acquired 100% of the shares in AMD Electrical Pty Ltd, trading as EIG Australia (EIG), from the shareholders of EIG. Established in 2010, EIG is an Australian electrical infrastructure provider, specializing in fuels and fluid transfer services, including in-house consultancy and design capabilities. The acquisition supports Duratec's strategic growth by expanding its end-to-end self-perform capabilities and enhancing its service offerings nationally. This enables Duratec to pursue additional strategic opportunities within the Defence and Mining & Industrial sectors. The move aligns with Duratec's broader strategy to enter critical national infrastructure markets, diversify revenue streams, and strengthen its position in high-barrier, high-value sectors. Key components of the transaction include the retention of EIG's senior management team for a minimum of two years and the novation of EIG's existing lease at the Canning Vale facility to Duratec for a period of two years. The acquisition has been funded from Duratec's existing cash reserves, with a maximum sale price of $9 million, consisting of an upfront cash payment, the issue of Duratec shares, and a maximum earn-out payment contingent upon meeting a combined FY26 and FY27 EBITDA hurdle.

EIG have forecasted FY26 revenue of $14.0m, with an EBITDA of $2.3m.