Acquisition Completed
IPD Group acquisition of Platinum Cables
A$45m consideration
Announced Jan 2026 (approx.)
Advisers
Platinum Cables
Target
Not disclosed
IPD Group
Acquirer
- Legal adviser
- Target
- Platinum Cables
- Acquirer
- IPD Group
- Seller
- Platinum Cables Holdings
- Structure
- Private sale
- Completed
- 19 Jan 2026
- Sector
- Industrial products and machinery
In the league tables
Similar deals
- Volution Group acquisition of AC Industries Dec 2025 · A$179m · Industrial products and machinery
- Metal Powder Works Limited (formerly K-TIG Limited) acquisition of Metal Powder Works Mar 2025 · A$11m · Industrial products and machinery
- Lincoln Electric acquisition of Alloy Steel Australia (Int) Aug 2025 · A$209m · Industrial products and machinery
- Affiliate of Cerberus Capital Management, L.P. acquisition of Mechanical Engineering division of Goodwin PLC (Goodwin Steel Castings Limited, Goodwin International Limited, Noreva GmbH, Easat Group and the Pumps Division) Sep 2026 · A$2.1bn · Industrial products and machinery
- MLEI Group acquisition of BRS Oct 2026 · Industrial products and machinery
Sources
- 13 Jan 2026 Hamilton Locke advises IPD Group on its acquisition of Platinum Cables Pty Ltd hamiltonlocke.com.au
- 19 Jan 2026 IPD Group Acquires Platinum Cables Pty Ltd for Up to $45 Million globallegalchronicle.com
