Chow brothers’ Stonewood snaps up DataGuard NZ

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...

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