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Hellaby says TBS purchase price is cheaper than it looks

Hellaby Holdings expects its latest purchase, TBS Group, an add-on to its Contract Resources business, will out-perform its earn-out target. With special feature audio.

Jenny Ruth
Fri, 24 Jun 2016

Hellaby Holdings [NZX: HBY] says its $51 million purchase of TBS Group is cheaper than it looks because it expects the New Zealand-based maintenance services provider will exceed its earn-out target.

The investment company says TBS will complement its existing Contract Resources international

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Jenny Ruth
Fri, 24 Jun 2016
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Hellaby says TBS purchase price is cheaper than it looks
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