A&D Mercury acquires TechEng
Australia’s largest weighing equipment manufacturer and exporter, A&D Mercury, has become the major shareholder in one of Australia’s leading industrial automation and control companies, TechEng.
Based in Melbourne’s inner east, TechEng consists of 20 engineers and technical staff, an in-house design office and a testing centre.
With TechEng’s expanded skillset and knowledge base now available to A&D’s local dealer network and global divisions, the partnership is hoped to provide an expanded global springboard for the company.
“The market for commodity products is increasingly competitive and price driven. In this environment, A&D Mercury has committed to a strategy to develop our intellectual property and position our company as an Australian manufacturer and supplier of high value added products and services,” said Tom Armstrong, CEO of A&D Mercury.
“We are very excited by the many opportunities arising for our customers, A&D and TechEng from this new partnership with A&D Mercury,” said Peter Silk and Adrian Beatty, founding directors of TechEng, in a statement released after the acquisition.
“We see these opportunities enabling us to increase the level of services and product range we offer our existing clients, and add further value to the existing services provided by A&D Mercury to their customers throughout Australia, New Zealand, Asia and beyond.”
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