NET Modular – sale to Ausco

• NET Modular (“NET”) is a New South Wales-based manufacturer and refurbisher of purpose-designed modular buildings, operating since 1987 and specialising in premium modular facilities for schools
• The acquisition strengthens Ausco Modular’s position in the Australian education sector and enhances its manufacturing capability in NSW
• A cross-border transaction with an international acquirer - Ausco is part of the London-headquartered Modulaire / Algeco group, the leading modular space provider across Europe and Asia Pacific

Industry Context

The transaction reflects ongoing consolidation in the Australian modular and transportable buildings market, as scale players acquire specialist manufacturers to broaden capability and sector reach. Structural demand for modular classrooms - driven by population growth and the need to expand and refurbish public-school infrastructure quickly and cost-effectively - continues to attract investment into education-focused providers. For an internationally-owned acquirer, bolt-on acquisitions of established local specialists offer an efficient route to deepen presence in attractive end-markets.