The company which would rise to be one of the largest electronics firms in New Zealand had its beginnings in 1932 when Keith Wrigley, then just 18 years old, opened a small radio repair shop in the small Coromandel township of Waihi. In 1934 Keith changed the name to Akrad Radio Corporation - Akrad being a shortening of the words Auckland Radio.
Futura was the brand name of the early radio sets produced by Akrad, although this was replaced by Pacific when Akrad took over the brand in 1940 (The original owner of the Pacific brand had since died) . The Pacific brand seems to have been taken over lock, stock and barrel with Akrad using the brand, logos, motto and all.
Once post-war production kicked in the name Regent was added and sets were sold under both brand names, often with the only difference being the logo on the dial glass.
With the introduction of Pye in 1953 both the Regent and Pacific brandnames were discontinued. At this time the Clipper brand was introduced, and seems to have been the budget line. Astor was also used briefly after 1959 after the name (of Australian origin) was obtained during the takeover of Radio Corporation of NZ. Some of the other brand names produced by Akrad are Everest, Invincible, and Five Star.
Akrad was also a manufacturer of home appliances such as washing machines and lawn mowers and probably most famously the Akrad Flyer - a tricycle which numbered almost 300,000 units between 1945 and 1982.
In the early 80's Philips, who had previously taken control of Pye in the U.K., took control of Pye NZ. In 1986 they closed the Akrad factory, unable to compete with imports after the government removed import duties on Asian products. Thus ended one of New Zealands largest and longest-running electronics companies.
More indepth history of Akrad Radio can be found here: