Esco Industries' Acquisition of Modempak a Growth-Focused Marriage

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By acquiring Modempak, Esco Industries has positioned itself to provide an expanded product line to its loyal customers, while continuing to meet their personal service needs. Understanding that electrical cabling, medical equipment, and server and communications cabinets are essential to the infrastructure needs of the 21st century, Esco Industries sees a future of unprecedented opportunity. And customers will appreciate the convenience of Esco Indeustries' newly expanded catalogue. Through growth, Esco has become a one-stop-shop for the essential supplies that power life.

Many entrepreneurs often wonder if they can compete with more established corporations. Well, if entrepreneurs need 'proof' that small businesses can become wildly successful, they can look to Esco Industries, an enterprise that is seeking to expand beyond its current markets. These markets include; electrical cabling and medical equipment.

Through the newly acquired Modempak, a company recently acquired, Esco Industries has expanded into server and communication cabinets.

"This move is a strategic fit for Esco, as it gives real 'punch' to the data side of our business and compliments our electrical and medical range," notes Steve Adams Managing Director of Esco.

The acquisition also establishes Esco as a perfect blueprint for small businesses. Started by four brothers in 1940s, the company didn't have strong corporate backing. Instead, there was just the entrepreneurial passion of individuals who had a talent for electrical products. Over time the company decided to expand their branding by producing products related to medical technology. It was a decision that would ultimately mean Esco selling thousands of products all over the world.

Now Esco is delving into telecommunications, a decision they did not take lightly. One of the main reasons they chose Modempak is because it had its own level of success. Founded in 1978, Modempak learned the intricacies of its market by creating telephone sockets for Telecom NZ, its main client.

From then on, Modempak realized that their market demanded surface-mounted cable ducts. So they met that need, designing an exclusive duct that is used extensively in hospitals. This pattern of innovation was something Esco took notice of.

By acquiring Modempak, Esco Industries has positioned itself to provide an expanded product line to its loyal customers, while continuing to meet their personal service needs. Understanding that electrical cabling, medical equipment, and server and communications cabinets are essential to the infrastructure needs of the 21st century, Esco Industries sees a future of unprecedented opportunity. And customers will appreciate the convenience of Esco Indeustries' newly expanded catalogue. Through growth, Esco has become a one-stop-shop for the essential supplies that power life.

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Steve Adams