SCE Group buys Rocktec to aid Aussie push

ALAN WOOD
Last updated 05:00 24/01/2013

Relevant offers

Industries

Fuji Xerox monitored by Government procurement agency, SFO will consider any new information Internet out for the day in parts of the Waikato Last cruise ship to leave New Zealand waters after bumper season MetService adverts too annoying, smartphone users complain 2degrees owner seeks to cut interest bill EV road trip heads slowly up NZ, stopping at fast chargers Invercargill-based online plant nursery making its mark Food labels may be designed to fool Venture capitalists could be 'crowded out' by Crown company, says industry body Clothes trading post Designer Wardrobe looks for Aussie conquest

Christchurch-headquartered Southern Cross Engineering Group aims to drive annual revenues to $100 million in five years, helped by the purchase of a contract engineering firm that specialises in the quarrying and mining sector.

SCE, one of New Zealand's largest mechanical project engineering companies, has settled on the purchase of Matamata-based Rocktec which will add 40 staff to the group.

SCE has a base in Bromley and sales operations in New Zealand and across parts of Australia.

Rocktec has been bought from the Stevenson Group for an undisclosed sum. The purchase would help SCE's diversified product push into Australia, SCE chief executive Paul Thorn said.

Rocktec had a head office and manufacturing plant in Matamata, Waikato, with an Australian-based office in Brisbane. It employed engineers, draughtsmen, metal fabricators and welders among others to provide solutions to the quarrying, mining and mineral processing industries.

Rocktec also had an international dealer and distribution network which supplies Rocktec equipment to clients worldwide.

Ad Feedback

- BusinessDay.co.nz

Special offers

Featured Promotions

Sponsored Content