Blacktown. Take over bid for local company

Melbourne-based consumer and industrial products supplier, GUD Holdings, has offered $83.8 million to take over storage products maker, Dexion, which has its head office and industrial production at Kings Park. Dexion manufactures and markets a broad range of storage products within Australia, Asia-Pacific and the Middle East. The company has 55 regional distribution points across Asia and the Middle East, with regional headquarters in Dubai and Kuala Lumpur.