Fastmount acquired by Nautical Holdings Group

Nautical Group Holdings Limited (NGH) of Auckland

NZ, majority owned by Oriens Capital Fund 2, has acquired 100% of Fastmount Limited.

Founded in 2013, New Zealand based Fastmount specialises in hidden panel mounting systems for the marine, architectural and industrial industries, and is used by leading superyacht builders and fitout specialists worldwide.

NGH is a new entity that recently acquired New Zealand’s Railblaza Ltd and NTD Plastics and has a vision to increase market position by focusing on innovation while maturing governance and corporate structure to accelerate growth. “We are super excited to welcome Gregg Kelly and the Fastmount family into the group portfolio as well as having

Gregg and Maggie onboard as shareholders in NGH and look forward to working closely with the team to grow the Fastmount brand globally,” commented Marc Michel, CEO of Nautical Group Holdings.

Gregg Kelly, Fastmount Founder and MD added, “After 17 years in business, we’ve recognized this as an opportunity to take the business and product innovation and development to the next level. We believe that with Marc leading NGH, Fastmount has an exciting future which can only be beneficial for our global customers and partners, and enhance our ability to lead the world with our revolutionary panel mounting solutions for the marine, architectural and shop fitting industries.” business and training with BCITO in 2017,and they haven't looked back. Adam says, "I've gone from working all my life to being a part of something more than just the 'work'."

It is evident that Kayla's experience being trained by Adam is a true testimony to this, and she says, "Adam and I both bring honest communication, trust and a sense of humour to the table. I am fortunate to work with a willing company that really look after their people and produce a high level of joinery."

If her online advocacy for women in the trades sector isn't impressive enough, Adam praises his apprentice for her initiative, management skills and consistency,"If it needs doing, Kayla makes it happen. She has a true passion for the process. "

Admitting some challenges do arise with being 5'2", like carrying larger weighted objects around site, Kayla still encourages women who may be considering joinery as a career to give it a go,"Don't be afraid to take the plunge, just do it! It's an incredible industry."

You can follow Kayla's journey on Instagram@ joinerinthemaking and Next Level Joinery's account @ nextleveljoineryltd

NZ Panels Group acquire sink & supplier

NZ Panels Group has bought Christchurch-based Acero which manufactures and distributes Mercer sinks and stainless benchtops along with a range of tapware and accessories. Acero is also the distributor of WilsonArt HPL and Durasein acrylic solid surfaces.

NZ Panels Group Chief Executive Lou Cadman said the Acero business, with its high profile brands and the biggest market share in sinks in the country, was an ideal complement to the company’s existing stone and HPL benchtop business which targets the same joinery and fabrication customers.

Acero has 33 staff based in Christchurch, operating from a manufacturing and showroom site in Lunns Rd. The company will remain at its current location and work is beginning to integrate the Acero products into the national joinery distribution network owned by NZ Panels Group.

“This acquisition will improve service levels to the joinery industry and makes NZ Panels Group a one stop shop, offering everything joiners and fabricators need, including the kitchen sink", he said.

whatever your design, we have a door profile to suit shortpre-sanded lead times online customordering profiles

Prospective clients can have a wide range of materials cut including plywood, particle board, solid wood and MDF along with acrylics and plastics.