Reason #1: Expanding Global Reach
First and foremost, with this acquisition, it’s clear that Sythesis Energy Systems is working hard to expand its global reach. At present AFE owns several energy assets throughout Australia.
As a result, SES, through the acquisition, will takeover ownership of these assets. Importantly, the assets are already creating strong revenue. At the same time, the company is focused on the production of clean fuels and energy, as well as various other renewable products.
As the global shift toward clean energy continues to take place, and SES continues to expand its global footprint, the company has the opportunity to realize significant growth in revenue due to not only organic growth, but acquisitions like these.
At the end of the day, the company is greatly expanding its global reach, specifically in Australia, through the acquisition news that was announced today.
Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!
Click below to continue reading.