# Australis Engineering acquires Precision Stainless Systems

Australis Engineering purchased Brisbane-based conveyor and stainless-steel fabricator Precision Stainless Systems. The acquisition adds Precision to the Australis Group of engineering and conveyor businesses.

- Type: Acquisition
- Announced: 2021-04-16
- Where: Darra, Brisbane, Australia
- Status: completed
- Products: conveyors, stainless steel fabrications, processing equipment
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Australis Engineering](https://endata.com/companies/54511.md) (acquirer)
- [Precision Stainless Systems](https://endata.com/companies/54512.md) (target)

## Sources

- [australiseng.com.au](https://australiseng.com.au/australis-acquires-precision-stainless-systems/), 2021-04-16: "The acquisition further adds to the Australis Group of engineering and conveyor related businesses co-owned by Sydney based brothers Peter and Anthony Gustafson and their parents."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.