none
none

ACQUISITION TO CONSOLIDATE AUTOMOTIVE MECHATRONICS BRANDS

17-05-2017
by 
in 
L to R: Tony Sheedy, General Manager-IM Sales; Gino Ricciuti, General Manager-IM Marketing & Logistics and Guy Nicolls, CEO GUD Automotive

Automotive electronics and mechatronics specialist Innovative Mechatronics Group has been acquired by GUD Holdings to become part of the GUD Automotive Business Unit.

The IM Group’s respected brands include: Injectronics remanufactured automotive electronic and mechatronic components; RAE Ignition and Sensors including ignition coils; dat Equipment – diagnostic speciality tools and equipment; and MAP mechatronics auto parts. To further strengthen the brand names, the highly respected Goss range of sensors, fuel pumps, ignition coils will become part of the group with Tony Sheedy relocating to Hallam to take up the role of General Manager - Sales.

Rex Vandenberg, current Managing Director will continue to manage the business, and Gino Ricciuti will be responsible for brand marketing as General Manager Marketing and Logistics.

“The IM Group has a passion for designing and developing innovative mechatronics products, test equipment and services and is an exceptional fit with the similar values that of GUD Automotive’s market leading Ryco Filter and Goss products,” said Guy Nicholls, Chief Executive Officer – GUD Automotive. “We look forward to working with Rex Vandenberg and his team in growing this exciting business,” he said.

GUD Automotive
03 9243 3328
www.gud.com.au

Related news & editorials

  1. Aussie dollar weaker
    09.01.2018
    09.01.2018
    by      In
    Business confidence in the manufacturing sector is at its highest level since June 2003, according the latest Business Expectations Survey from illion (formerly Dun & Bradstreet).
    “Manufacturing firms that were able to withstand the global financial crisis and the Australian dollar above parity... Read More
  2. 08.01.2018
    08.01.2018
    by      In
    It was supposed to have been the year when Australian manufacturing industry would dig in and somehow or other recover from the setbacks of the closures at Toyota and Holden. But 2017 turned out to be a year of expansion, according to the final figures from the Ai Group’s Australian Performance of... Read More
  3. Export growth
    15.12.2017
    15.12.2017
    by      In
    This week’s Australian Chamber-Westpac Survey of Industrial Trends for the December Quarter contained further good news for manufacturing industry, with continuing solid output, backlogs and new orders. And employment numbers and overtime are both expanding.
    Westpac Senior Economist Andrew Hanlan... Read More
  4. Building infrastructure certification
    13.12.2017
    13.12.2017
    by      In
    Test and certification specialist Bureau Veritas has expanded its footprint in Australia with the acquisition of a 65% equity stake in McKenzie Group Consulting.
    McKenzie Group is based in Sydney with additional operations in Brisbane, Melbourne and Gold Coast. The company offers a range of... Read More