Not so noisy deal
10 Oct 2008
IAC, an international noise control company, has completed the acquisition of 100 per cent of the shares of the Sydney-based noise control company Colpro Engineering (Australia) Pty.
Colpro is a leading designer and manufacturer of high performance silencers, acoustics, exhaust systems and thermal insulation blankets for the marine, mining and transport industries in Australia.
Group President and CEO of IAC, Brian Quarendon, said that the Colpro acquisition will offer tangible benefits to many customers throughout the Pacific Rim.
“The product ranges of the two businesses are highly complementary and by combining the two companies’ pretty impressive portfolio of products, all of which have been thoroughly tested and proven will increase product choice and standards of service to customers in Australasia.
"Also, noise legislation and product specification vary tremendously from one nation to another and customers in Australia want advice from trained, experienced engineers familiar with the local market. Now IAC can provide this
effectively,” said Quardendon.
Acquired
IAC is now the sole shareholder of Colpro Engineering (Australia) Pty.
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