Anord joining forces with UK company

DUNDALK firm Anord announced earlier this month that it is joining forces with the British power distribution equipment manufacturer Mardix Group to form the Anord-Mardix Group.

This follows a major investment by private equity firm Bertram Capital in the Mardrix Group, similar to an investment by the equity firm in Anord in May 2017.

‘We are confident that our combined industry knowledge, broader product suite and wider geographic reach will better position us to provide customers with a full suite of solutions on a global basis,’ Anord said as they announced the merger.

The new company will be known as the Anord-Mardix Group, offering critical power solutions for commercial and industrial buildings, including data centres.

Anord Electric Ltd was founded here in Dundalk by Anthony Nordon in 1969 to serve the switchgear needs of the electrical industry in Ireland, moving to a custom build factor on the Coe’s Road in 1972.

Two years later it secured its first contract in excess of £500,000, with the Irish Government to provide switchgear systems to a cluster of new community schools which were built across Ireland.

In 1979 Anord successfully delivered its first major international projects to power stations in both Pakistan and Sri Lanka.

Since then it has been involved in landmark projects around the world included the Channel Tunnel,

Canary Wharf, The Money Point Power Station in Co Clare, and supplies equipment for data centres, power stations, rail networks and infrastructure, water utilities, energy from waste recovery, and the oil and gas industry.

In 2014 Anord entered the American Market with the foundation of a US based subsidiary, Anord Critical Power Inc, based in Richmond Virgina and the following year a new 50,000 sq/ ft manufacturing facility went into production,

It has sales operations in Ireland, North America, the UK, Russia and Asia-Pacific.

‘ The combination of Anord and Mardix unifies two of the best brands in the industry, whom have a collective pedigree of 100 years in the critical power equipment industry,” said Kevin Yamashita, partner at Bertram.

‘Bringing together Anord and Mardix is a perfect example of Bertram’s approach to investing and the relationships we build with both our management teams and the surrounding ecosystem,” added Jeff Drazan, managing partner at Bertram.