Onsite Rental Group to acquire SRH’s road safety rental business for $10.8 million

SYDNEY: Saferoads Holdings (SRH) has entered into a conditional $10.8 million asset sale agreement and a $3 million product supply arrangement with Onsite Rental Group, a national equipment hire business owned by Malaysia-based Sime Darby. The agreements are subject to several conditions, including SRH shareholder approval, the transfer of key personnel, securing long-term rental contracts, and transferring…