Page 9 - HW AUGUST 2019

hard news
AHM joins Kiwicare stable
MID LAST MONTH, New Zealand-owned Kiwicare formally announced the purchase ofAHM Outdoor Holdings (AHM), importer and distributor
of outdoor lifestyle, gardening and hardware brands, including Atlas Trade, McGregor’s, Campmaster and Suzy.
Kiwicare Chief Executive, Matthew O’Brien, says of the deal: “The purchase of AHM will strengthen and bring together two companies with shared values and products that are naturally aligned and will complement each other in the marketplace.”
Kiwicare and AHM will operate as separate legal entities within the Kiwicare Group of companies and AHM staff
have all been offered the opportunity
to join Kiwicare as employees under substantially similar employment terms and conditions.
“This agreement will be good news for all of our staff and customers,” says Matthew O’Brien.
“It gives us a wider and more secure
capital base from which to trade and, for our staff, we anticipate that there will be expanded opportunities for skills development and progression through the larger group.”
“Nothing will change in regard to AHM’s suppliers and customers,” he adds.
“In many cases Kiwicare and AHM
have customers in common, so we will already have a relationship with them. “In cases of customers and suppliers
unique to AHM, we will work very closely with them to maintain and enhance that contact.”
www.kiwicare.co.nz www.ahm.co.nz
BRAIN FULL?
USE OURS. FREE SIKA PRODUCT FINDER APP
Find the best adhesive, sealant, anchoring, waterproofing, leak repairing, grouting, filling or concrete repair solution in seconds with our free, mobile friendly, Sika Product Finder App. Download it now. Your brain will thank you.
Scan to download the App www.sika.co.nz
MORE AT www.facebook.com/nzhardwarejournal
AUGUST 2019 | NZHJ 7
Sika 1438