ARB has a long history of buying companies in Australia and New Zealand at a very good price to gain access to new products and even more importantly expertise in specific areas. I suspect that the specific manufacturing expertise that Truckman has will add to the list of R&D that ARB has and new products will be on the Australian (and world) market in time. I think we can give the ARB management the benefit of the doubt here and it is good to see they are using the cash to continue to growth the company.
Ann: Acquisition of Auto Styling Truckman Group Limited, page-8
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$38.26 |
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Mkt cap ! $3.150B | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
|---|---|---|
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