GenusPlus Pushes Into Water, Gas with $400m Queensland Buy

Ten-bagger GenusPlus is betting on M&A to make it big

The hottest non-mining stock from the west since iiNet has done the sort of deal that either ends its golden run or kicks off its next chapter.

GenusPlus pushes into water, gas with $400m Queensland buy

The fast-expanding WA contractor is buying Queensland energy services group MPC Kinetic, with the deal partly funded by a $200m equity raising.

Genus makes 'transformational' $400m QLD gas buy

Energy infrastructure specialist GenusPlus Group will spend up to $400 million to buy out Brisbane-based MPC Kinetic, in a move which will give it east coast gas exposure.