Business South April 2026

| 3 T T Hugh de Lacy New partnership drives strategic growth Pegasus specialises in large-scale structural steel and general fabrication. REGIONAL DEVELOPMENT Pegasus Engineering A 35-year-old Christchurch institution, Pegasus Engineering, is undergoing a strategic revitalisation under the leadership of its new owner (and former employee) Martin Griffin. Martin has since partnered Pegasus Engineering with the Hawke’s Bay-based Patton Group. This alliance provides a powerhouse nationwide reach, backed by a diverse, combined team of over 300 staff across Aotearoa, and a production capacity of over 8000 tonnes of fabricated, coated, and erected steel annually. “We’re in a phase of strategic growth with the Pegasus-Patton partnership,” says Martin. “Together, we have the resources and capacity to deliver significant structural steel and metalwork projects. It’s a true end-to-end solution that reduces project management for the main contractor by providing a single, expert point of contact. “As Pegasus Engineering & Patton we offer a full package of fabrication, protective coatings, including intumescent, and site installation of structural steel, metalwork and perforated sheet metal. Our expert team also provides specialised IP for design-and-build projects.” Pegasus Engineering remains one of the largest companies of its type in the South Island. Based at the Izone Business Park in Rolleston, the 1.3ha site features a 5000sqm purpose-built factory and a two-storey office where staff look out towards the Southern Alps – a constant reminder of the Canterbury landscape they help build. Established in 1987, Pegasus specialises in large-scale structural steel and general fabrication. Its versatility allows the team to handle complex projects across multiple industries, including stadiums, hospitals, schools and major infrastructure. Martin’s history with the company runs deep. He joined Pegasus after moving to New Zealand following the 2008 Global Financial Crisis. While he initially intended to stay for just a year, he quickly grew to love the lifestyle and the industry here. He spent four and a half years with Pegasus, rising to site manager for landmark projects like the Burwood Hospital expansion. In 2017, Martin founded his own successful steel installation company, MG Steelworks. When he learned his former employer was facing a period of transition in late 2024, he saw an opportunity to return to his roots. Recognising the immense value in the staff and the company’s 35-year heritage, Martin “Together, we have the resources and capacity to deliver significant structural steel and metalwork projects. It’s a true end-to-end solution that reduces project management for the main contractor by providing a single, expert point of contact.” stepped in to secure the brand’s future. “The Pegasus Engineering brand has a decades-long track record of capability. I knew that with the right leadership, a drive to modernise and expand our capabilities and a return to our core engineering values, we could move forward strongly, which we have already done by consistently delivering for our clients. “In addition, the new partnership with Patton Group allows us to have a much broader range of services we can offer, and that depth gives clients confidence that we can handle more than just the structural steel scope on the project. “It is a new dawn for the business, and there are exciting times ahead for the ‘new’ Pegasus Engineering & Patton.” The revitalised company has already hit the ground running, securing the structural steel package for the Christchurch Girls’ High School redevelopment. Currently, Pegasus is delivering steel and metalwork packages for over 30 projects across the South Island. “It has been a period of evolution for the industry, but we see plenty of momentum. With increasing inquiries for 2026 and beyond, the outlook for Pegasus Engineering & Patton is incredibly bright,” Martin says. Please contact our specialists on 0800 800 649 or visit the website unitedsteel.co.nz Proudly Supporting Pegasus Engineering Ltd Martin Griffin

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