Fabrum, a Christchurch, New Zealand-based company which specializes in zero-emission transition technologies, acquired Alec Ferrar Engineering, a Christchurch, New Zeland-based engineering manufacturing company.
The amount of the deal was not disclosed.
The acquisition will extend Fabrum’s manufacturing capability to support its rapid growth, driven by growing demand for its end-to-end hydrogen systems and other technologies for aerospace, heavy transport and heavy industries.
Alec Farrar provides a range of services, including casting, machining, and general engineering, and its machine shop can produce or repair a range of parts for customers in large or small quantities.
Led by CEO Dr Ojas Mahapatra, Fabrum specialises in industrialised small to medium-scale liquefaction systems and composite cryogenic vessels. Its competencies include green hydrogen production, storage, dispensing, and system integration. Fabrum is also present in the traditional cryogenic markets of liquid nitrogen (LIN), liquid oxygen (LOX), liquid natural gas (LNG) and liquid air (LAIR), with a global customer base spanning animal husbandry, hi-tech research institutions, manufacturing and defence forces.
The company is the result of the merger between Fabrum Solutions and AFCryo, the company’s supplier of cryogenic systems since 2020. Its cryocooler and liquefier systems are marketed under the AFCryocooler brand.
FinSMEs
20/10/2023