SHAPE Australia acquires modular construction business, KLMSA for$10.7mn

SYDNEY, AUSTRALIA: SHAPE Australia has entered into a contract to acquire a 100% interest in KLMSA, a modular construction business based in Kinglake, Victoria. The total consideration is circa $10.7 million. The transaction is anticipated to be completed in the next 24 hours and will be funded through a 3 Year Amortising Term Loan Facility.…