as GBP 3m in Australia over the last three years in distribution and hirefacilities.Fusion Groupcontinues to invest in its wholly owned facilities in Indonesia where it isinterested in expanding further, the CFO said, adding that the company'sEuropean operations are experiencing stagnation and the company would thereforeavoid adding to its EU presence.Fusion Groupposted turnover of GBP 116m for 2012 and expects 12.5% by the end of 2013,according to the CFO. Turnover from the company's core business is expected tohave grown by 7% in 2012, when its accounts are finalized, he added. Thecompanys EBITDA in the financial year at the end of March 2013 stood at GBP 8m.The groups EBITDA multiple lies in the 7-10 range.Fusion Groupis 60% owned by Eric Bridgstock, 68, the founder and current chairman, and theremaining stake belongs to senior management team comprising Kevin Raine, 52,Neil Green, 47, Steven Hamshaw, 42, and Michael Bailey, 57. The owners havelong-term plans to develop the company and retain their stakes, according toGreen.Fusion Grouphas significant market share in the UK, Green claimed without specifying thefigure, and adding that since 2008 the companys market share has grown by 46%.The company will look to increase its market share further.Besidesexpanding its overseas presence, the company has a home market growth strategyin place. There are 23 million meters across the UK requiring replacement andwhere the company is planning to be involved in the supply chain. Additionally,the CFO sees potential in the UKs privatization of the electricity sector aswell as housing development and infrastructure.Fusion Groupcompetes with Wolseley, a distributor of heating and plumbing products and aB2B supplier of builders products. Last year Wolseley acquired Burdens, adistributor of underground drainage and civil engineering materials.Fusion Groupspecializes in multi-utility infrastructure products and services. It producesmachines and tooling for polyethylene pipe jointing. The group also engages ingreen energy projects with heat systems, landfill gas, photovoltaic panels andcarbon accounting.The companyhas fully owned as well as joint venture distribution centres in 20 countriesand sells its products in 40. Value USD 178m (Fusion Group's turnover) StakeValue more than 30% inclusive. SourceProprietary Intelligence. GrupoProtege acquires Seaviation Grupo Protege,a Brazilian closely held group specialized in private security services, hasacquired, through its subsidiary Proair, the ground-handling company Seaviation(SEA). The deal amount has not been disclosed.MarioBaptista de Oliveira, director general at Grupo Protege, said the deal willenable Proair, which operates mainly in aircraft protection segment, to offermore complete services. With the deal, Proair expects to grow 15% annually,Protege said in a press release.Before theSEA acquisition, Proair operated in 30 airports in Brazil, serving 9,000flights, and it will now serve more than 20,000 flights in the same airports,the company said.SourceCompany Press Release (Translated).Lemminkainensells mobile business in Latam, Mexico and US to Blue Skies Networks Lemminkainenand Blue Skies Networks, LLC, an American telecommunications company, havesigned a share purchase agreement for all outstanding shares in LemconNetworks' subsidiaries engaged in mobile telecom network project business inBrazil, Canada, Chile, Colombia, Ecuador, Mexico and the United States. Theparties have agreed not to disclose the transaction price.Thetransaction will be completed after local authority approvals have beenobtained latest during the third quarter this year.The divestedsubsidiaries have been part