Edington Agencies purchased by Aldridge Capital

Edington Agencies is a specialist provider of high quality, globally sourced electric motors and power transmission products that it supplies as part of best practice solutions to the HVAC and industrial service & replacement markets. The director’s long-term strategy of combining technical expertise with an extensive product range and high customer-service standards has earned the Business its undisputed position as the leader in the Queensland market.

Target Research: custom database of prospective
trade & financial buyers

Marketing Campaign: direct mail, national advertising,
35 direct C-Level calls to priority ‘Hot List’

Expressions of Interest: 28

The acquirer, Aldridge Capital, is an Australian investment company, based in Sydney, that holds multiple industrial businesses in its portfolio. The acquisition of Edington Agencies served to further diversify its holdings.

Metco Industrial acquired by Thoroughclean Australia

Metco Industrial specialises in the design, assembly and manufacture of industrial water blasting equipment built to meet Australian conditions. It services markets across Australia and the South Pacific, supplying industrial services firms with customised solutions for high pressure cleaning & surface preparation as well as cold cutting & hydro-demolition.

Custom Research: +540 prospective trade buyers

Hotlist: 20 direct C-Level calls

Expressions of Interest: 39

The purchaser, ThoroughClean, is a Queensland manufacturer of mid-range high pressure water cleaners that supplies several market sectors, including both light and heavy industrial. For the company, this acquisition is an important step in achieving its goal to become the leading supplier in Australia and New Zealand of a diversified range of high pressure water solutions.

Paramount Safety Products acquires Pratt Safety Systems

The name behind Prochoice Safety Gear, Paramount is a leading national manufacturer and distributor of industrial personal protection equipment. Through strategic acquisitions the Business aims to position itself as a leading Australian, one-stop supplier of quality industrial products – distributed throughout ANZ and exported across the Pacific Rim and beyond.

Custom Industry Research: +500 potential targets

Expressions of Interest: +41 respondents

Off-Market Opportunities: 19 qualified targets

The acquired business, Pratt Safety Systems, supplies Australian industry with quality site safety and environmental protection products that stand up to the challenges of Australian conditions. This deal brings together two long-established industrial safety equipment suppliers to create a market leading, national distributor with a strongly diversified product range.