Seko SpA, a global manufacturer of metering pumps and dosing system platforms for the cleaning and hygiene markets, has entered into a merger agreement with Sydney-based Total Dispensing Solutions (TDS).
TDS provides automatic dispensing solutions for cleaning and hygiene chemicals, as well the management of the dispensing program, across Australia and New Zealand, mainly in institutional, hospitality and food and beverage.
Following the acquisition the business will be renamed to Seko Australia, with TDS managing director Vince Neal and existing staff and management to remain.
Neal said the acquisition will allow the business to expand into new markets such as pools, spas and water treatment.
“Whilst TDS has experienced success and rapid growth over the past eight years, we recognise the changes in the industries we serve and the need for a stronger alliance with our main supply partner to maintain a sustainable and competitive position for our customers,” Neal said.
“Our partnership with Seko SpA has strengthened over the years and we are confident that Seko has the vision, commitment and resources to successfully take our business forward.”
Neal said the merger marks Seko’s 21st subsidiary and now provides the company with full global coverage.