Dec 6 (Reuters) - Cardno Ltd CDD.AX :
* CARDNO ANNOUNCES ACQUISITION OF TGM GROUP PTY LTD
* ON COMPLETION OF TRANSACTION, CARDNO WILL PAY UP TO AUD $21.6 MILLION IN CASH FOR PURCHASE OF TGM
* TGM IS EXPECTED TO CONTRIBUTE APPROXIMATELY AUD $23 MILLION IN REVENUE OVER NEXT TWELVE MONTHS
* ACQUISITION WILL BE IMMEDIATELY EARNINGS PER SHARE ACCRETIVE
* TGM WILL BECOME PART OF CARDNO'S BUSINESS AND WILL BE BRANDED CARDNO TGM