Southern Cross Electrical Engineering expects to bounce back from a net loss in the first half of the 2017 financial year after announcing the 'transformational' acquisition of a Sydney-based electrical contractor. SCEE said today it would pay up to a total of $54.1 million to acquire Heyday5, which has been providing electrical contracting services for tier-one construction companies and property groups for nearly 40 years. Recent projects in Sydney by Heyday5 include the St George Hospital Redevelopment for Multiplex and the Global Switch Data Centre for Hutchinson Builders.

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Original documenthttp://www.scee.com.au/index.php/news/207-scee-to-bounce-back-after-buying-east-coast-group

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