SCE Group buys Rocktec to aid Aussie push

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

Relevant offers

National business

Greenpeace uses dairy sewage in Wellington protest Australia cracks down on multinational tax avoidance in 2016 Budget Experts offer tips on how to beat the competition at a property auction Carl's Jr opens second Christchurch restaurant Timaru house value rockets above pre-GFC peak, surpasses other districts Whole milk powder continues its slow recovery, world dairy prices drop 1.4 pc Canterbury mum goes to jail for $186,000 fraud Industrial property sales in Canterbury at record levels Avonmore tertiary training centre closes central Christchurch cafe Concrete firm Firth Industries not asked to pay New Plymouth lease for 30 years

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