MACA Limited (ASX:MLD) entered into an agreement to acquire Alliance Contracting Pty Ltd from Geoff Baker and shareholders for AUD 4.7 million on January 20, 2016. The consideration shall be paid and is subject to adjustments. The consideration will be financed from internally generated funds of MACA. The transaction is expected to be completed by January 31, 2016.

MACA Limited (ASX:MLD) completed the acquisition of Alliance Contracting Pty Ltd from Geoff Baker and shareholders on January 31, 2016.