ARA Group Pty Ltd. acquired Thermoscan Inspection Services Pty Ltd from Arowana International Limited (ASX:AWN) for AUD 6 million on May 1, 2019. Thermoscan Inspection Services reported revenue of AUD 1.5 million, profit before and after tax of AUD 0.42million for the year ending, December 31, 2018. STS Capital Partners acted as financial advisor for Arowana International Limited. ARA Group Pty Ltd. completed the acquisition of Thermoscan Inspection Services Pty Ltd from Arowana International Limited (ASX:AWN) on May 1, 2019.