After fifteen years of growing the business in Australia, it was a logical decision for the ARA Group to expand into New Zealand.
An opportunity arose when a major ARA customer sought tenders for the renewal of our electronic security service contract to include Australia and New Zealand. This situation provided the motivation to look for a suitable acquisition in New Zealand.
After some searching, ARA reached an agreement to purchase the assets and goodwill of Active Security and Control (ACS) located in Auckland. ACS is a fifteen year old electronic security installation and service company with several major service contracts. The acquisition settled in the first quarter of financial year 2017.
Since the acquisition, ARA was successful in securing the contract works for the tender in both Australia and New Zealand, with the New Zealand sector managed by ACS.
ARA has now established a New Zealand holding company to be in a position to acquire additional companies to build an ARA business in New Zealand.