Management buyout for aquaculture equipment firm

The MBO was carried out with the full agreement of Fusion Group - an international supplier to the utility industries - which is continuing to expand its operations in other parts of the world. According to managing director Stephen Divers, who led the MBO, the move will provide Fusion Marine with exciting new opportunities for expansion. "Fusion Marine has enjoyed tremendous growth since it was founded in 1995 and we have attained the reputation of being one of the world's foremost suppliers of aquaculture equipment. "We have grown to such an extent that it is now possible for the company to confidently stand on its own two feet and continue to expand under the full control of its own management," said Divers. He added: “The MBO will enable us to react quickly to changing industry requirements, ensuring that our customers throughout the world continue to receive the best possible service."