In a landmark move for Māori enterprise and New Zealand’s facilities management sector, Kā te Rama Switched On Group (majority owned by Te Rūnanga o Toa Rangatira) has acquired PAE New Zealand, one of the country’s largest commercial facilities and asset management companies.  

Armillary, our Partner in New Zealand, advised Switched On Group on this acquisition.

The acquisition (effective 27 June) creates a uniquely iwi and New Zealand-owned Group with the scale and experience to deliver end-to-end facilities management, asset management and maintenance services (FMS) nationwide. It brings a Māori-owned, Amotai Registered business forward as a national provider for both the public and private sectors. 

The strategic acquisition showcases the capability of Māori-owned businesses to scale significantly and provide top-tier, national services across sectors. Ultimately, the Group aims for its growth to enhance more living and working environments to achieve positive community outcomes. 

Switched On Group has long been a trusted provider of community housing facilities management, complemented by construction services including fit-outs, refurbishments, and new builds. The acquisition of PAE NZ significantly expands the Group's capability to deliver commercial and government contracts, while maintaining a commitment to local service delivery and local impact. 

PAE NZ, established in 1991, has a strong track record in FMS, managing 4,000 buildings and completing more than 230,000 maintenance jobs annually. Previously owned by global corporations, the move to local shareholding is a strategic decision to grow the business further while continuing to deliver longstanding contracts with local clients.