Abco Expands Operations into New Zealand with Acquisition of Proquip
02 October 2024
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Abco, a leading Australian supplier of cleaning products, equipment and solutions, is excited to announce the majority acquisition of Proquip, a renowned New Zealand cleaning supply company, effective October 1, 2024.
This strategic move marks Abco’s entry into the New Zealand market and represents the first step in their ambitious growth strategy. James Bagshaw, Managing Director of Abco, expressed his enthusiasm for this landmark acquisition. “We are thrilled to welcome Proquip into the Abco family.
This acquisition not only signifies our expansion into New Zealand but also aligns with our broader vision for growth. Over recent years, Abco has invested heavily in digital technology, innovation, and logistics, positioning ourselves at the forefront of the industry. Proquip’s strong market presence, with its modern facilities in Auckland, Wellington, and Christchurch, and its rich history of over 40 years, makes it an ideal partner for us. This is just the beginning of our journey; we have set ambitious growth targets and envision this acquisition as the first of many as we continue to expand our footprint and enhance our service offerings.”
Proquip, which began as a brushware supplier in the automotive hub and has grown into a market leader in New Zealand, operates with a commitment to excellence, bolstered by its modern infrastructure and culture of continuous improvement. The company’s nearly 100 years of collective industry experience and dedication to customer satisfaction align seamlessly with Abco’s strategic goals.
Kerry Boon, Managing Director of Proquip, shared his optimism about the new partnership. “We are excited about joining forces with Abco. This acquisition opens new avenues for innovation and growth. Abco’s investment in cutting-edge technology and their impressive logistics capabilities will enable us to offer an even broader range of products and services to our customers. We are confident that this collaboration will bring about positive changes and enhanced value for our customers.”
The acquisition of Proquip represents a significant milestone for Abco Products as we embark on an ambitious growth trajectory. Customers can expect an enhanced product range and improved service offerings as we integrate our advanced technologies and logistical expertise with Proquip’s established market presence.
About Proquip: Proquip has been a leading provider of cleaning solutions in New Zealand for over 40 years, offering a comprehensive range of products and services from its modern facilities in Auckland, Wellington, and Christchurch. The company is dedicated to delivering high-quality solutions and exceptional customer service, supported by a culture of continuous improvement and nearly 100 years of collective industry experience. For more info about Proquip visit: www.proquipnz.co.nz.
About Abco: Abco is Australian-owned and operated, with over 25+ years of experience as a trusted supplier for contract cleaners, Building Service Contractors, Facility Management Service companies, and a range of other industries across the country. Abco provides innovative cleaning products, equipment and technology all supported by their distribution and innovation centres in Adelaide, Brisbane, Melbourne, Perth, and Sydney, along with a network of company employed delivery drivers and service technicians.
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