Cooling and uninterrupted power supply (UPS) technology provider STULZ Oceania has acquired Fusion Energy Group’s UPS and computer room air conditioning (CRAC) service division.
The acquisition has seen the company create a new subsidiary, STULZ Oceania (Power), to distribute and service UPS solutions.
STULZ Oceania said the acquisition "further strengthen[s] its presence in the UPS market," with the firm taking on Melbourne-based Fusion Energy Group's customer base, assets and expertise.
“This acquisition aligns with our long-term vision of expanding our footprint and contribution to the data centre industry; it reinforces our commitment to providing UPS solutions, especially with our Swiss-made Centiel UPS product range," said John Jakovcevic, managing director of STULZ Oceania.
"We are thrilled to launch STULZ Oceania (Power), which positions us as a comprehensive solutions provider in the market.”
Fusion Energy Group's CEO Nathaniel Allen said the acquisition "marks a pivotal moment for STULZ Oceania, and also opens substantial avenues for growth and innovation within the UPS and CRAC market space."
"STULZ Oceania share a commitment to exceptional service and products, and they are well-positioned to meet the industry's growing demand for UPS solutions.”
Meanwhile, Centiel's co-founder and global sales director Gerardo Lecuona said that “we see tremendous opportunities to expand Centiel's presence in the Australian market through this acquisition."
"STULZ Oceania's investment reaffirms their dedication to Centiel UPS products, and we are excited about the possibilities ahead.”
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