Lessons are being learnt that DW8's original business model doesn't have the ability to make a profit.
These acquisitions are a way of them getting out of this hole by integrating vertically and thus allowing cost reductions in the chain.
When COGS is higher than SALES you have an issue.
They are very lucky they have shareholders / corporates willing to back these acquisitions.
I guess you can buy your way to the top...
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