Acquisition of PBA Significant to the Growth of Unison Group
Unison announced today that it has acquired high-voltage electrical contracting industry leader PBA Limited, including its subsidiaries PBA Consulting and PBA Australia.
The purchase complements the Group’s current portfolio of subsidiaries including contracting specialist UCSL, telecommunications network UnisonFibre, transformer manufacturer ETEL and electrical switchgear business RPS.
Unison Group General Manager Growth and Innovation, Joe Caccioppoli, said the acquisition of PBA was significant in Unison’s strategy to grow and diversify its portfolio in the electricity industry.
“The Unison Group consists of specialist companies delivering world-class electricity and fibre solutions.
“Any expansion to our portfolio must contribute to our excellence in performance across the entire business and enhance the value and returns to our shareholders.
“PBA is a leader in the high voltage field with a fantastic reputation for delivering quality work and service.
“Since being founded in 2008, it has proven its commitment to fostering professionalism throughout the industry, establishing itself as the ‘go to’ for consultation and advice on high voltage electrical engineering.
“We are proud to welcome the organisation, including its staff and customers, to the Unison Group”.
Mr Caccioppoli congratulated PBA’s leadership team for growing such a successful operation.
“Our team is looking forward to being part of the Unison Group, a leading industry organisation”, says PBA’s Chief Executive Rob Silcock.
“We are excited about the benefits that Unison’s investment in PBA will bring to our customers, and the opportunities it will allow our organisation and our people to develop and grow.”
Unison Group’s strategy for growth, investment and innovation outlines a pathway to increase profitability and remain sustainable for its many and varied stakeholders.
Endorsed by the Unison board in October 2021, the strategy aims to deliver an increased return for shareholders, and position Unison as a high performing EDB that is leading a sustainable energy future and enabling its communities to prosper.
-Ends-