Chow brothers’ Stonewood snaps up DataGuard NZ

Staff reporters
Mon, 01 Mar 2021

Stonewood Group, founded by John and Michael Chow, has acquired Dataguard NZ, a local power protection systems firm.The purchase is intended to bring new technical expertise to RCR, a commercial maintenance, electrical and mechanical company acquired by Stonewood two years ago from Australian parent RCR Tomlinson. The Chow brothers have an 88% shareholding. Formed in 1997, DataGuard currently provides datacentres with uninterruptable power supply – UPS – hardware. But Stonewood says it will use DataGuard’s expertise to so...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Pet food millionaire snaffles Taupō racetrack
Pattrick Smellie | Sat, 17 Apr 2021

Tony Quinn is adding Taupō's Bruce McLean Park to the motorsport facilities he already owns at Hampton Downs and Highlands.

Markets Exclusive
Market regulator blasts Australian 'culture of leaks'
Dan Brunskill | Sat, 17 Apr 2021

Leaks are threatening market integrity and should not be tolerated, NZ RegCo says.

The traditional office is dying a slow, painful death
Jehan Casinader | Sat, 17 Apr 2021

The modern workplace has been through various iterations in recent decades, but no one questioned why it existed in the first place.

Partner Content
Highlights from the New Zealand company earnings season

The February earnings season has provided a snapshot of the impact covid-19 has had on different sectors over the last six months and expectations for the year ahead.

Now’s the time to ask hard questions on our future land use

How can we work together to strengthen our economy and support Kiwis to prosper while protecting our natural environment and our climate.