• Custom Mould Plastics (CMP) to acquire 100% shares in Tridonic Manufacturing Pty Ltd in Melbourne
• Manufacturing of magnetic power control systems to remain in Australia
• Jobs saved as CMP will keep workforce in Australia
MELBOURNE, AUSTRALIA – NOVEMBER 6th, 2013 Custom Mould Plastics Pty Ltd has announced that it has officially acquired 100% shares of Tridonic Manufacturing Pty Ltd in Melbourne.
Tridonic, which is headquartered in Austria, is a leading manufacturer of energy-efficient electronic ballasts, LED modules and converters, as well as lighting management systems, with offices and plants around the globe.
Under the terms of the agreement, Tridonic Manufacturing will be acquired by former supplier and plastic components manufacturer Custom Mould Plastics (CMP). CMP will manufacture high-end magnetic ballasts under the brand name CMP Controls and will continue to run the manufacturing facility in 130 Melrose Drive, Tullamarine.
Vic Andonovski, Managing Director of CMP Controls said ” At CMP we are committed to continue the production of magnetic ballasts at highest quality and customers satisfaction – to ensure that these lighting components remain made in Australia.”
“Manufacturing in Australia is something we are deeply committed to. The Tridonic facility is equipped with the most cutting edge technology and amazing people filled with the training and experience that can surpass any first-class manufacturing facility around the world,” added Mr Andonovski.
Alfred Felder, CEO of Tridonic said “We are delighted that we have succeeded in selling our magnetic ballasts plant in Australia to Custom Mould Plastics not least because this creates good prospects for our long-standing staff in Melbourne. And in Custom Mould Plastics the Australian lighting market will have an ongoing source of supply for its magnetic control gear requirements.”
Tridonic will now focus on electronic ballasts and LED technology. It will continue to serve the Australian lighting market through its sales force in Sydney and Melbourne.
CMP will remain a continued supply partner to Tridonic’s local and global divisions.
“We believe in the future of manufacturing in Australia, and it is for this reason, with the support of Tridonic’s current customers and our amazing workforce, that we endure to continue what this company started over 50 years ago”, said Mr Andonovski.
CMP is an Australian manufacturer of innovative plastic components. Proudly producing Australian Made products for over 15 years, CMP has successfully built partnerships with companies across the globe, covering all industry sectors.
Although having facilities in both Australia and Europe, CMP remains deeply committed to Australian Manufacturing, producing innovative, Australian made, products, and supporting local jobs.
For more information please visit www.cmpsolutions.com.au
Tridonic, headquartered in Dornbirn/Austria, develops, manufactures and markets equipment for a wide range of light sources, lighting management systems, LED and OLED solutions as well as connectors.
With a history dating back over 50 years, Tridonic is a subsidiary of the Zumtobel Group. In the 2012/13 fiscal year, 1,946 employees in 27 locations achieved sales of 378 million Euros. More than 300 employees in R & D create intelligent lighting concepts based on sophisticated systems and products.
For more information go to www.tridonic.com
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