What’s at stake: Kā te Rama Switched On Group aims to become New Zealand’s largest facilities management provider after the acquisition.
Background: Despite recent revenue drops due to reduced government spending, PAE NZ remains profitable and strategically valuable.
Main players: Kā te Rama Switched On Group (Ngāti Toa Rangatira majority-owned), PAE New Zealand, Chris Pile (CEO, PAE NZ), Paul Rogers (chair, Kā te Rama), Boyd Scirkovich (Ngāti Toa Rangatira chief investment officer).
Kā te Rama Switched On Group, majority-owned by Te Rūnanga o Toa Rangatira, said today it had acquired PAE New Zealand, one of the country's top commercial facilities and asset management firms.
The acquisition positions Kā te Rama as the largest Māori-owned facilities management provider
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Key points
What’s at stake: Kā te Rama Switched On Group aims to become New Zealand’s largest facilities management provider after the acquisition.
Background: Despite recent revenue drops due to reduced government spending, PAE NZ remains profitable and strategically valuable.
Main players: Kā te Rama Switched On Group (Ngāti Toa Rangatira majority-owned), PAE New Zealand, Chris Pile (CEO, PAE NZ), Paul Rogers (chair, Kā te Rama), Boyd Scirkovich (Ngāti Toa Rangatira chief investment officer).
