Shape Group Limited has acquired Dependable Power, enhancing its capabilities in providing resilient backup power solutions across New Zealand.
Target Company Overview
Shape Group Limited has announced its acquisition of Dependable Power, a leading generator and backup power provider in New Zealand, originally established as Appleby Engineering in 1974 by industry pioneer John Appleby. Dependable Power is renowned for delivering mission-critical backup solutions across various sectors, ensuring the continuity of operations for hospitals, data centers, police stations, and other essential services.
The addition of Dependable Power to Shape Group significantly enhances the company’s expertise in uninterrupted power supply and generator energy generation. With a skilled workforce of over 45 professionals operating across Auckland, Christchurch, and Fiji/Pacific, Dependable Power will operate under Shape Group's umbrella, emphasizing a commitment to maintaining critical services during energy outages.
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Industry Overview in New Zealand
New Zealand's infrastructure sector is increasingly focused on resilience, driven by the impacts of climatic events such as Cyclone Gabrielle. Recent disasters have highlighted vulnerabilities in the power grid and communication systems, prompti
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Shape Group Limited
invested in
Dependable Power
in 2023
in a Other deal