NEW ADRAD INDEPENDENT NON-EXECUTIVE DIRECTOR

The new appointment marks continued growth for Adrad

Since listing on the Australian Stock Exchange last September, Adrad Holdings Limited says it has experienced strong performance across both its industrial heat exchange and aftermarket automotive businesses.

Adrad Holdings Limited recently announced the appointment of Darryl Abotomey as an Independent Non-Executive Director.

Darryl brings to the role more than 30 years of indepth executive leadership and financial expertise across the manufacturing, global paper and packaging distribution and automotive aftermarket industries. He will be known by many in the automotive aftermarket as the former Managing Director and Chief Executive Officer of BAPCOR. During his 10-year tenure, he was instrumental to the successful growth and expansion of the business, including expanding the business’ base and growing it internationally.

“We are extremely pleased to have Darryl join the Adrad Board. Darryl brings his extensive experience in leading and growing a global ASX listed business to the benefit of the Board and support of the management team,” Adrad Chairman, Glenn Davis, said.

Adrad says its aftermarket parts sales are exceeding expectations with the company achieving a succession of record-breaking sales months. This growth is attributed to the business increasing both the variety of products on offer and the size of its customer base.

Adrad says that once known as “Australia’s radiator supplier,” it now provides a comprehensive range of aftermarket engine cooling, air conditioning, service and repair parts. Recent additions to Adrad’s automotive parts range include Alternators, Starter Motors, Wheel Hubs and Bearings, Wheel Cylinders, Harmonic Balancers and Oil Level Sensors.

For details about Adrad aftermarket products, Adrad invites you to speak with its local Adrad parts distributor or contact the Adrad Customer Service Team on 1800 882 043. For more from Adrad, visit www.adrad.com.au