Fuuzio Group announced today it has completed the acquisition of Victorian-based electrical business, Foreman-Sheean. A leading commercial and electrical services company, Foreman-Sheean currently services Sunraysia, across an area comprising a 250km radius around Mildura, Victoria.
As Fuzzio Group’s first major acquisition, the purchase dovetails strategically into their mission to build an integrated energy services business, with key operations located across the eastern seaboard.
“A precise fit for our acquisition target profile, Foreman-Sheean has been a well-managed family-owned company. Now an entity within Fuuzio Group, the business and its team will have access to the invaluable resources and knowledge it needs to continue to scale and achieve sustainable growth”, says Aidan Mountford, Fuuzio Group’s CEO.
Consisting of a team of 30 technical professionals and administration staff, Foreman-Sheean’s people are both highly committed and highly skilled. Nurturing and extending these qualities, Fuuzio Group will fully support and further encourage each team member’s professional development and education.
Key to the cultural and operational transition is Fuuzio Group’s Leadership Development Program. Focused on business values as the drivers behind all decisions, these programs are designed to coach and help their people to upskill, learn, take ownership and reach their full potential.
“Ensuring a slow yet steady transition into the Fuuzio Group organization, our leadership programs have been developed to provide the Foreman-Sheean team with the security, confidence and desire to continue their professional journey with us,” says Aidan.
Location and brand reputation are also pivotal factors in Fuuzio Group’s decision to acquire Foreman-Sheean. Based in regional Victoria, this is a large catchment area of operation. As one of the largest single electrical providers in the area, Foreman-Sheean will play a vital role in Fuuzio’s value chain.
Providing the necessary scale to strategically invest in areas such as technology, people and processes, Fuuzio Group’s purchase of Foreman-Sheaan will build the foundation for their future acquisitions.
Aidan Mountford – Fuuzio Group CEO – [email protected]