• Acquisition of Delta Elcom Pty Ltd, a specialist in data centre infrastructure and electrical solutions
• Delta Elcom has annual revenues of approximately $25 million
• Acquisition accelerates SKS' plans for greater market share in the NSW data centre space

SKS Technologies Group Limited (ASX: SKS) has completed the acquisition of the business of Delta Elcom Pty Ltd, a specialist in data centre infrastructure and electrical solutions based in Sydney, NSW. Delta Elcom is a specialist electrical and communications contractor delivering end-to-end solutions for complex infrastructure projects and has annual revenues of approximately $25 million. The company has extensive experience in data centre construction, network cabling, and integrated technology systems, providing design, installation, and maintenance services for clients across commercial, industrial, and mission-critical environments throughout Australia. The upfront cash consideration of $10.5 million has been paid to the vendor, and the parties have agreed to the issue of 612,501 new ordinary shares in SKS to satisfy the $2 million share component of the consideration. There is also an additional earn-out component of up to $1.25 million based on the financial performance of the business in calendar year 2026. SKS Technologies Chief Executive Officer, Matthew Jinks, said that the acquisition of Delta Elcom is the next logical step for SKS Technologies as a means of accelerating their plans for greater market share in the NSW data centre space as well as work in their traditional market sectors.