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Tox Free Solutions Ltd Completes Acquisition Of Absolute based in Toowoomba, Queensland

Sunday, 9 Dec 2012 06:14pm EST 

Tox Free Solutions Ltd announced that it has completed the acquisition of Absolute based in Toowoomba, Queensland. The purchase price for the Absolute business is AUD 4.9M. Absolute is on track to achieve Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) of AUD 1.3M and is experiencing growth in the CSG sector west of Toowoomba. The value of Absolute‚Äôs assets is AUD 2.5M which are included in the sale price. 

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