Horizon Energy acquires 3 heating, ventilation businesses for $5.25 million

Wed, 08 Aug 2012

By Hannah Lynch Aug. 9 (BusinessDesk) - Horizon Energy Distribution, which distributes electricity in the eastern Bay of Plenty, has purchased contract heating, ventilation and air-conditioning businesses Hastie New Zealand , Aquaheat Industries and Professional Building Services for $5.25 million. Tauranga-based Horizon will take control of the assets from Sept 1. The newly acquired businesses will continue to be operated from their current premises led by Aquaheat chief executive Paul De Bernardo. All of the businesses will be integrated an...

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