Elaflex HIBY Tanktechnik, a specialist company in safe connections for the transfer of dangerous goods and sensitive fluids, have acquired a major stake in Oasis Engineering Ltd of Tauranga (New Zealand). Oasis, a member of NGV Global, is an internationally operating specialist for valves and couplings used in the compressed natural gas (CNG) industry.
The company established a strong reputation as supplier of CNG components and systems for filling stations and gas delivery networks. An example: Worldwide CNG trailer companies are rapidly adopting the new Oasis high flow breakaway and coupling systems that have positively changed the whole economics of road transport for gas.
“This exciting partnership brings together two highly innovative companies both well respected in the fuel handling world,” says Andy Cameron, Managing Director of Oasis Engineering.
Stefan Kunter, Managing Director of Elaflex: ”The complementary product ranges mutually allow us to further expand our expertise with fluid energy transfer.”
Existing distribution structures will remain untouched. Oasis will continue to independently operate, with unchanged staff and with Andy Cameron, as Oasis’s managing director.
| An Elaflex release || April 23, 2017 |||