# AES Engineering launches AESSEAL NSW in Australia via controlling stakes in two NSW sealing firms

AES Engineering Group acquired a controlling stake in Stevco Seals & Pumps and Australian Engineering Sales & Service, forming AESSEAL NSW Pty Ltd in New South Wales. The price was undisclosed and the deal was completed on March 31, 2022.

- Type: Acquisition
- Announced: 2022-03-31
- Where: New South Wales, Australia
- Status: completed
- Products: mechanical seals, sealing products
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [AES Engineering Group](https://endata.com/companies/9076.md) (acquirer)
- [Stevco Seals & Pumps](https://endata.com/companies/9077.md) (target)
- [Australian Engineering Sales & Service](https://endata.com/companies/9078.md) (target)

## Sources

- [aesseal.com](https://www.aesseal.com/en/article/aesseal-nsw-pty-ltd-launched-key-australian-investment/), 2022-03-31: "The acquisition was completed and the new company formed on Thursday 31 March 2022."

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