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Elta Group makes strategic acquisition

Elta Group has acquired Air Movement Supplies in Ireland.

For over 25 years, Elta Group has been growing as an international group of air movement businesses – all with the aim of enhancing the lives of people, animals, buildings and equipment.

As an international group of businesses, their values have remained consistent since the beginning. ‘Making It Happen’ has always been a core value of Elta Group, ensuring that as markets change and technologies evolve, they never lose their focus. This, along with other values, has led the group to where they are today- still evolving and making things happen across the globe. The most recent venture being the acquisition of Air Movement Supplies in Ireland.

With AMS joining Elta Group, the group are set to significantly increase their distribution network across the Republic of Ireland, allowing them to better serve customers, strengthen their product range, and boost production capabilities.  The investment brings another manufacturing facility to the group, located in Dublin, providing the opportunity to enhance production and penetrate new and existing markets.

In announcing the acquisition, Elta Group have assured the market that experienced industry leaders David Kelly and John Grainger will continue to lead AMS as they have done for many years. Their expertise, dedication, and strong leadership have been pivotal to the success of AMS, and will help lead the new relationship between Elta Ireland and AMS.

Mark Russell, Managing Director at Elta Ireland, has said “We are committed to maintaining the excellence you have come to expect from Elta Ireland while integrating the strengths of AMS. This acquisition represents a unique opportunity for growth, allowing us to deliver enhanced value and innovation to our customers, alongside a brand that aligns with our values and commitment to air movement and air quality.”

CEO of Elta Group, Mark Rickard, also commented: “I have no doubt from understanding the culture of AMS and its approach through focusing on the customer, as a Group, we can also learn, as well as add value to their own capabilities.

This acquisition represents a unique opportunity for growth and greater collaboration with AMS, a brand that aligns with our values and commitment to air movement and air quality.

We are enthusiastic about the future and the possibilities that this acquisition brings, not only in Ireland but further afield,” Mark added.

For more information, please visit: https://eltagroup.com/air-movement-supplies-acquisition/

15 August 2024

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