Labosport, a leader in sports surface testing, has announced the signing of an agreement to acquire the New Zealand Sports Turf Institute (NZSTI), the leading turf consultancy in New Zealand. NZSTI serves three main markets, namely research & consultancy, professional training and testing services. The company headquartered in Auckland has 14 staff in five locations.
Originally established as a research institute in 1949, NZSTI has grown to be recognised as the No. 1 sports turf consultancy in New Zealand, providing testing and construction advice to a wide array of councils and sports associations. The company stands apart by being the principal private training establishment accredited under the New Zealand Qualifications Framework for the delivery of professional training in sports turf operations management.
NZSTI is affording Labosport access to the New Zealand market, enabling it to considerably reinforce the Group’s position in Asia and Pacific. With its world-class turf expertise, NZSTI is improving Labosport’s ability to serve its core markets, from bottom-of-the-range sports pitches to iconic stadia.
Aurélien Le Blan, Labosport CEO: “We are extremely pleased to welcome NZSTI to Labosport. This investment provides the Group with a unique opportunity to expand its growing expertise in natural turf and its footprint in Asia. The institute has unparalleled experience and an unmatched reputation for scientific excellence. We look forward to further developing its service offering for the benefit of its customers and key business partners.”