KEY POINTS:
Investment group Hellaby Holdings' subsidiary Diesel Distributors Australia has become the Australian distributor for two leading suppliers of diesel fuel injection components.
Diesel said the deal with Delphi Diesel Aftermarket and Hartridge Ltd meant it was well placed to take advantage of the introduction of new diesel technology to Australia.
It would open a new branch in Perth next month and a state of the art training centre in Brisbane for Delphi and Hartridge products.
Delphi is a leading supplier of mobile electronics and transportation components and systems technology.
Hartridge is a global supplier of diesel fuel injection test equipment.
Shares in Hellaby Holdings had risen 5c to $4.80 in early afternoon trading.
- NZPA
