PBE Group Acquisition of Rutherford Group
PBE Group is pleased to announce the acquisition of the Rutherford Group. This has resulted in the creation of a world leader in technology and power systems for the global mining and infrastructure markets.
Both companies have a positive drive, culture and approach to business. PBE are committed to building a great group of companies, well-matched to the industry while ensuring benefits are delivered to its customers.
This merger now joins 2 strong groups of companies with great service history to the mining and tunnelling industries. The combined company is well capitalized with an experienced, long term group of investors enabling PBE Rutherford to continue to grow and meet the opportunities and expectations of its customers and markets. PBE’s focus on heavy industries technology, communications and electronics is a perfect match for Rutherford’s heavy industry electrical expertise.
As a product of this transaction, we will be able to provide our customers with expanded products and services and areas of expertise. Our products and markets are complimentary, and we look forward to providing our customers with the same great service they have come to expect from both companies.
Our companies have now set a path in this positive direction and we appreciate the continued support from all of our customers and partners.