Thursday, 11 September 2014 11:24

Apex buys Anka

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APEX VALVES, the industry leader in plumbing and agricultural water control valves, has recently acquired Anka Products.  The acquisition means that Anka will now be powered by the 100% kiwi owned and operated manufacturer. 

 

Anka Products offer an extensive range of fittings for polyethylene pipe, hose nozzle’s, check and foot valves, swivels and pipe unions which will now be made in New Zealand by Apex, a household name associated with quality, performance and service.  

Anka has become a preferred product by many farmers and growers over the last 18 years and is well known as the ‘blue nut’ fitting manufacturer.  Apex Valves has over 30 years of experience in the water control valve industry and together Apex now offers a range of water control products that are true, field proven favourites among farmers.

Hydroflow is owned by Ken Breckon and is the distributor for Apex’s agricultural valves and Anka products. 

Having Bevan Gracie as managing director of Apex Valves and Breckon distributing the product through Hydroflow the business partners are excited about the secured future of Anka.  

They are both pleased that Anka will remain 100% NZ made and are looking forward to the innovations the Apex R&D team, plastic engineers and valve experts can apply to the Anka range of products. 

Breckon says Hydroflow and Anka formed a strong relationship over five years ago and have had very positive traction in the market as many farmers now understand the benefits of the Anka product over the existing main market competitor. 

“After discussions with the late Mike McMahon (Anka Products director and owner), we started to represent Anka in the market.  Sadly, Mike passed away hence the opportunity for Apex to purchase Anka. Mike will be greatly missed”.

Breckon believes Apex and Anka go hand-in-hand and it’s a perfect complement to the Apex product offering.

“It also completes the Hydroflow range; we are plumbing and agricultural product distribution specialists and Apex and Anka are key the players in the market.  They both produce a premium quality product that farmers rely on.”

Wendy McMahon says Anka enjoyed a great partnership with Hydroflow.

“Since Hydroflow came on board as a distributor, we grew from strength to strength,” she told Dairy News. “Mike would be proud to see the company sold to Apex. I would like to see Mike’s legacy continue and grow. We know that these guys will do that very well.”

Anka will operate as a division of Apex and Terry McMahon, the late Mike McMahon’s brother, will continue to manage Anka alongside the Apex team. 

The acquisition of Anka opens also opens export opportunities for Anka, says Gracie.  Apex, which exports to 17 countries, will use its network to sell Anka products globally. 

Gracie says “Apex is already getting enquiries for Anka products from current and new overseas distributors. We look forward to leveraging off both brands and growing the Anka range, both at home and abroad.

We also welcome the Anka employees, all of which will be retained and are highly valued by Apex”. 

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