Scoop has an Ethical Paywall
Skellerup acquires Nexus Foams
29 April 2019
Skellerup announced today it has acquired the business and assets of Nexus Foams Limited (Nexus).
The acquisition price is approximately $6.5 million and will immediately be earnings accretive to the Skellerup Group.
Nexus is a supplier of high-performance foam and soft material components based in Auckland.
Skellerup Group CEO David Mair said, “The acquisition is a natural fit for Skellerup, as it complements our Ultralon foam range which is principally used in marine, sporting and orthotic products. Nexus has a leading market position supplying custom foam products for health, electronics, appliance, construction and comfort applications. Nexus has long established relationships with key international customers and suppliers.”
The transaction is due to close on 30 April 2019.
ENDS
Stats NZ: Economic Impacts On New Zealand From Conflict In The Middle East – Report
Advertising Standards Authority: ASA Annual Report 2025 - Platform-Neutral Regulation Keeps Pace With Digital Advertising
Science Media Centre: Lead Pipes Banned For New Plumbing – Expert Reaction
New Zealand Young Physicists Trust: Auckland To Host The ‘World Cup Of Physics’ In 2027; Search Begins For Student-Designed Tournament Logo
Oxfam Aotearoa: Top CEO Pay Increased 20 Times Faster Than Workers’ Pay In 2025
Bill Bennett: TUANZ Report - Networks Built, Value Missing
