Happy that some of the stuff I store was in my head is of use to someone.
Jack in Tasmania would know way more, he’s the real expert.
If you do a search on Pace it’ll turn up interesting stuff.
From my memory though:
Pace was a post World War Two company that developed in a very similar way to Victa. A bloke (who went on to found Dreamworld) working in his backyard in the mid 1950’s.
Pace grew in parallel to Victa but had some technology that was a step ahead.
Mervyn Richardson, founder of Victa bought out Pace in secret in the late 50’s. He acquired a lot of important IP in the process.
Victa kept Pace as a separate company until 1965 when it was completely absorbed into Victa and became a sub brand. Treated, after that point, similarly to Mayfair.
The capital raised by the sale of Pace presumably eventually went towards development of Dreamworld.
