Trade-based supplier of electrical, data/communications, lighting and automation solutions, J A Russell, has purchased a minority shareholding in Construction Marketing Services (CMS), the parent company of Future Proof Building.
JA Russell joins fellow innovative construction industry supply partners Carters and Plumbing World, who also have minority ownership stakes in CMS.
JA Russell chief executive Craig Grammer says as the scope of the industry evolves, new markets and methodologies continue to develop for the company’s customers.
“Working alongside fellow industry colleagues who have invested in CMS will help us to achieve a common goal of better building industry standards,” Mr Grammer says.
Future-Proof Building chief executive Aidan Jury says stronger JA Russell involvement in CMS significantly enhances FPB’s channel partnership across the building, plumbing and electrical trades.
“The company is a clear market leader in its field and has very common values to our company. We are proud to be working with the JA Russell Group.”
As part of the investment, JA Russell will appoint a director to the CMS Board and take an active steering role with the CMS management team.
Established in 1951, the JA Russell network (including Radcliffe Electrical) comprises 57 branch operations throughout New Zealand.