DGL Group has acquired Australian Petro Chemical Storage for $5.5 million.

The acquisition enhances DGL's capacity to supply chemicals and flammable liquids in Sydney and New South Wales.

Australian Petro Chemical Storage, founded in 2001, operates a major hazardous facility in Ingleburn, New South Wales, with a storage capacity exceeding 10 million litres.

The deal includes a five-year lease extendable up to 25 years, situating DGL near Sydney. Settlement is anticipated by October, advancing DGL's expansion strategy and operational efficiencies.