NORDIC GROUP has just completed the acquisition of Austin Energy for S$26 million cash, or an acquisition PE of about 4X.
Austin Energy's contribution to Nordic's bottomline is expected to be signicant, going by its past performance. Austin Energy recorded S$4 - 5 million in net profit a year on average in the past five years. (For more background, see: @ NORDIC's EGM: Big impact from acquisition of Austin Energy)
You are invited to visit Austin Energy -- one of the top 3 players in the thermal insulation business for petrochemical companies in Singapore -- to understand its business better and meet its management as well as Nordic's senior management.
Time & date: 2-4 pm, 15 June 2015 (Monday).
Venue: Austin Energy, 24, Benoi Place, Singapore 629940.
To register for the visit, please email your name and contact number to
Here's an outline of the event: 
