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Mayfield Childcare (MFD) News

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13 July

Mayfield Group Strengthens Manufacturing with $4 Million Acquisition of Nilsen Switchboards Division

Mayfield Group Holdings Ltd (ASX:MYG) has secured the Switchboard Division of Nilsen (SA) Pty Ltd for $4 million in cash. This strategic acquisition is set to boost Mayfield's manufacturing capabilities and expedite the operational capacity of its Royal Park facility. The move aligns with Mayfield's ongoing efforts to broaden its footprint and enhance its offerings in the electrical manufacturing industry. Key Points Mayfield Group Holdings Ltd (ASX:MYG) Acquisition of Nilsen Switchboards Div...