Brown Brothers Engineers/Kelair Pumps Acquire GT Water Technologies
Brown Brothers Engineers/Kelair Pumps,part of the AxFlow Group, is strengthening its service offering with the acquisition of GT Water Technologies (GT Water) a family-owned company specialising in services around water storage tanks to the building and fire safety markets in the Melbourne area.
Established in 2012 and now with 11 employees, GT Water is a young, fast-growing company based in Melbourne. GT Water is particularly strong in pump systems and assemblies with the main products being storage tanks and systems for fire suppression, hydraulic systems for storm water, sewage and domestic hot water, as well as pump service and installation for industry.
“Although a young company, GT Water has quickly established its service business, demonstrating strong, profitable growth and has a proven record of taking market share,” says Ole Weiner, CEO, AxFlow Holding. “This is in line with AxFlow’s strategy of adding value through product selection, system design and construction, as well as local service.”
John Inkster, Managing Director of Brown Brothers Engineers/Kelair Pumps also sees considerable potential in the acquisition. “This is an opportunity for Kelair to expand its footprint in the building and fire markets,” he says. “It also presents an opportunity for Kelair to bring fire water storage tanks into other regions.”
Source: AxFlow Group