Critical Infrastructure Technologies Ltd. has successfully completed due diligence for the 100% acquisition of a Western Australian precision manufacturing company, with the share sale agreement in its final stages and financing discussions well underway. The acquisition, valued at AUD $7.7 million plus adjustments, is strategically positioned to strengthen sovereign manufacturing capability in Australia and leverage opportunities from the AUKUS defence pact between Australia, the United Kingdom, and the United States.
The target company brings immediate financial contributions, with revenue exceeding AUD $7.4 million and EBITDA of more than AUD $1.9 million for FY2025. Projections indicate revenue and EBITDA are expected to double over the next three years. The acquisition adds state-of-the-art fabrication facilities, including laser cutting systems, CNC folding and bending machines, robotic welding technology, and advanced CAD/CAM integration, all certified to ISO 9001, ISO 14001, and ISO 45001 standards. This vertically integrated production capacity is designed to improve speed, cost efficiency, and scalability for CiTech's products, such as the Nexus 20 and future autonomous communication systems.
A critical benefit of the acquisition is the immediate transfer of DISP accreditation, administered by the Australian Department of Defence. This accreditation enables CiTech to participate in classified Defence programs by meeting rigorous security, governance, and information protection standards. The move reinforces CiTech's commitment to building a sovereign Australian manufacturing ecosystem capable of supporting rapid-deployment systems for defence, emergency response, and secure communications. It complements the company's existing international partnerships, including collaborations with Babcock International and Terma, and expands its reach across NATO's Eastern Flank and allied markets.
The acquisition remains subject to finalization of the Share Sale Agreement, expected within five days, securing required funding, and standard closing conditions. Moneta Securities, a specialist capital markets advisory and corporate finance firm, continues to assist with financing discussions. For more information, visit https://www.citech.com.au. The original release can be viewed on https://www.newmediawire.com.
