Thu, 27 Feb 2025 | BUSINESS SALE
Kirkcaldy-based Astrak Group, which produces Undercarriage, Hydraulics, Wear Parts and Buckets for construction equipment, has bought West-Trak, New Zealand’s foremost supplier of Wear Part solutions for heavy machinery.
Astrak said this strategic acquisition marks a major milestone in its global expansion, extending its presence beyond Europe and North America into the Southern Hemisphere.
“With this move, Astrak strengthens its position as a truly global leader, ensuring customers worldwide benefit from its industry expertise, operational excellence, and growing digital capabilities,” it said.
West-Trak, established in 1993, has earned a strong reputation as New Zealand’s trusted supplier of wear parts for the mining, quarrying, forestry, civil, and engineering industries. Operating from its bases in Auckland and Westport, the company provides an extensive range of undercarriage parts, ground-engaging tools, heavy fabrication, and abrasion-resistant steel solutions. West-Trak said its success is built on deep industry knowledge, a customer-first approach, and its ability to deliver high-quality parts with rapid service.
Founded in Denmark in 2003, Astrak Group “serves a loyal customer base with high-quality products, data-driven sales strategies, innovative digital solutions, and efficient logistics”.
“We are excited to welcome West-Trak into Astrak Group. This is a natural fit for both businesses, bringing together two companies that share a deep commitment to product quality, innovation, and customer service,” said Richard Paterson, CEO of Astrak Group. “This acquisition not only strengthens our presence in the Southern Hemisphere but also empowers West-Trak to leverage Astrak’s extensive sales knowledge, world-class logistics network and growing digital expertise. By combining forces, we will drive new efficiencies, accelerate growth, and continue setting the benchmark for excellence in wear parts solutions.”
Find out more about UK CEO views on M&A
This is an outstanding chance to acquire a thriving UK construction business that excels in offsite superstructure solutions, known for delivering projects more efficiently and sustainably than traditional methods.
This is a unique opportunity to acquire a reputable scaffolding contractor in Lancashire, known for its comprehensive services and commitment to client satisfaction.
Project Maine offers a unique opportunity to acquire a market-leading specialist in waterproofing systems, renowned for its technical expertise and capability in delivering complex solutions.
16
|
Sep
|
SRG expands retail division with acquisition of North West broker | BUSINESS SALE
Insurance underwriting and broking firm Specialist Risk Grou...
16
|
Sep
|
Pair of Midlands furniture brands fall into administration | ADMINISTRATION
Administrators are set to market the assets of a pair of Mid...
16
|
Sep
|
Training provider to pursue acquisitions with new PE backing | BUSINESS NEWS
Inspiro Learning, a Doncaster-based independent training pro...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.