Austco Healthcare completed the acquisition of Amentco Enterprise Group, enhancing direct sales and expanding product offerings in Australian healthcare.
Amentco specialises in integrated nurse call, security, and access control systems.
The acquisition involves a $5 million upfront cash payment and over 10 million Austco ordinary shares held in escrow until Sept. 29, 2025.
The move is expected to fuel significant growth opportunities for Austco Healthcare.