Michael Crouch (businessman)
Michael Jenkins Crouch (27 May 1933 – 9 February 2018) was Chairman of European Australians, Australian private company Midgeon Holdings Pty Ltd. Midgeon acted as a holding vehicle for his long-term investments which include interests in Australian manufacturing, beef production, meat processing and property. Until December 2013 he was also Executive Chairman of Zip Industries, a manufacturing company he founded following his acquisition in 1962 of Zip Heaters. Biography In 1962 Michael Crouch acquired a small Australian company, Zip Heaters, which had been formed in 1947 to market kitchen and bathroom water heaters. Under his management, Zip expanded its product range to include a variety of hot water appliances and in the 1970s introduced the world's first small instant boiling water heaters now widely used in homes, offices and restaurant kitchens. From 1970, Zip also developed under-bench drinking water appliances dispensing both instant boiling water and chilled filt ...
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