- BSA (BSA) wins an agreement with ALDI Australia for the roll out of its building management control systems
- The agreement is a multi-year contract and will see the system installed across ALDI stores
- Notably, the contract is expected to generate approximately $20 million in revenue for the first two years
- Managing Director Tim Harris said this is “landmark project for ALDI” and has been “rarely seen at such scale in the Australian market”
- Just before the market opens for the morning, BSA last traded at 11 cents each
BSA (BSA) has secured agreement with ALDI Australia for its building management control systems.
The contract will integrate BSA’s building management control systems for two years with the potential for two one-year extensions, at ALDI’s discretion.
BSA said the contract is expecting to bring in around $20 million in revenue in the first two years with ongoing revenues expected as more ALDI stores are added to the program.
The systems will be installed across ALDI’s portfolio in New South Wales, Victoria, Queensland, South Australia and Western Australia.
“BSA is excited to be delivering this landmark project for ALDI, rarely seen at such scale in the Australian market,” Managing Director Tim Harris said.
“It provides the opportunity to further build on our relationship with one of our key clients and support their goals in optimising their assets and operating costs.”
Just before the market opens for the morning, BSA last traded at 11 cents each.