Acquisition to further strengthen Arthur D Riley Co Ltd.’s market position
Arthur D Riley & Co Ltd. (ADR) today announced the acquisition of Abbey Systems Ltd.’s (ASL) business assets, products and brands portfolio. The sale is effective 1 July 2017.
Arthur D Riley & Co is an established supplier in the Local Government and Utilities market and has successfully supplied quality products, technical competence and professional services to the water and power industries for over 100 years.
The ADR Control Division will now expand to include the ASL business, which specialises in the design and development of SCADA and telemetry products, for water, power, energy and broadcasting customers worldwide.
“This acquisition strengthens ADR’s position in the monitoring and control market, and builds on the purchase of Control Systems in Hamilton, four years ago” said Arthur D Riley & Co Ltd. Managing Director Garth Mickell.
Abbey Systems Ltd. Managing Director Tim Naylor said that this is an important step for the future of ASL, following the passing of founder Lester Abbey in 2016.
“This is a fantastic opportunity to continue to build on ASL’s success and legacy and a great outcome for all involved” said Naylor.
“Arthur D Riley & Co and Abbey Systems hold similar core values and have successfully worked together on a number of innovative projects over the years, including the Devonport Naval Base Electrical System alarm monitoring and control expansion, and a remote monitoring and control system for electricity on Chatham Islands”.
“This acquisition enhances existing synergies and builds on a strong existing relationship” said Naylor.”
“As the services of all current ASL management and staff have been secured, we anticipate a smooth transition, and are committed to providing customers with the highest level of service for existing and future projects and opportunities” said Mickell.
For further information or comment, please contact Garth Mickell on 021 424 616