FPS Buys New Zealand-based Total Solutions Limited
FPS has entered an agreement to acquire Total Solutions Limited (TSL), a manufacturer of food processing equipment and conveyor systems in Auckland, New Zealand. By incorporating TSL’s knowledge base and project management experience, FPS will expand its global outreach in manufacturing and consumer services/support in the region.
TSL has been providing comprehensive engineering services since 2003. After the buy-out, Mark Peagram, the current owner and managing director, will continue to oversee the day-to-day operations.
“TSL houses a team of skilled professionals who are capable of handling a wide range of multi-level industry projects that include mechanical and electrical design, manufacturing, fabrication, and installation. As part of FPS, we see an extraordinary opportunity to further accelerate TSL’s momentum,” said Peagram.
Led by President, Jeffrey Chang, FPS has offices in Vancouver, BC (head office), Eastern Canada, Southeastern United States, Brazil, China, and The Netherlands. TSL’s experience and expertise are a strategic addition to FPS’ company portfolio.
“We are pleased to have TSL complement our platform to help develop our commitment to the global food industry”, stated Chang.