Residentia Group has acquired the Omega brand, following Shriro’s decision to exit the kitchen appliance division in Australia.
Omega Appliances has been in the Australian appliance market since 1981, offering a range of ovens, freestanding cookers, cooktops, rangehoods, microwaves, dishwashers and laundry.
Residentia Group Australia managing director, Nathan Cary said, “We are thrilled to add the Omega brand to our portfolio. The acquisition of Omega reinforces our commitment to offering our customers the most exceptional products on the market. Omega’s reputation for quality and innovation aligns perfectly with our mission of delivering the best-in-class appliances to our clients.
“We have fantastic relationships with all of Omega’s current channels, so we look forward to working with them and growing on the success the brand has had over the past 42 years. In the commercial sector, Residentia Group are one of the largest suppliers of home appliances and having Omega will only further cement that, giving our customers even more options to purchase exceptional products.”
Shriro general manager, Brad Street said, “Having been in the market for over 40 years, it is great to see Omega going to a new home where the brand can continue to grow and build on its success.”
The acquisition of Omega will enable Residentia Group’s customers to access to a wider range of appliances. The company’s team will work closely with existing retail and commercial customers to ensure a smooth transition.
All orders can continue to be sent to either sales@omegaappliances.com.au or directly to Residentia Group if this is already in place.
Residentia Group will take over Omega inventory, display assets, intellectual property, spare parts and warranty obligations, while Shriro will retain and collect the debtors.