Edison Group, the Ayrshire-headquartered development property and funding enterprise, isn’t letting up on its latest spate of enterprise acquisitions.
The group have now acquired Maplewood Joinery and Building, an all-trades industrial and residential property operator.
The Livingston based mostly agency undertakes dwelling extensions, garages, driveways and tarmacadam resurfacing in addition to venture administration, idea design and property upkeep and refurbishment.
It’s Edison Group’s intention to merge Maplewood with the Edinburgh Driveway Firm, which Edison bought in January and operates all through central Scotland and Ayrshire.
The corporate is able to offering an entire vary of driveways, landscaping and synthetic grass services and products, and can also be a Marshalls accredited contractor which inserts solely to British normal BS 753-101.
Edison Group Chief government, Calum Melville, stated: “Maplewood provides Edison Group a really related operation to that of the Edinburgh Driveway Firm however one which serves the east coast of Scotland as much as Dundee, all the way down to the Borders and from Edinburgh throughout to Glasgow.
“Because of this, this, for us is a key strategic transfer to provide us a market-leading presence in Scotland’s areas of highest inhabitants.
“We anticipate that the mixed enterprise will turnover round £5 million in 2023.
“We have now by no means made any secret of our ambitions and we’re decided to proceed to develop quickly.
“We’re in authorized phases with two additional acquisitions which we anticipate will full in April and Might 2023 respectively.
“These will convey bringing consolidated gross sales on a rolling 12-month foundation up till June 2023 to £26 million.”
Edison Group, which just lately opened its new workplaces in Excessive Avenue, Irvine has been extremely energetic in rising and buying complementary companies within the development and property sectors.
Mr Melville continued: “We stay firmly available in the market to amass companies which might be complementary to our group actions and are investing substantial sums to construct an infrastructure and platform to drive development over the subsequent few years.
“Our constantly increasing providing contains development, venture administration, architectural providers, bespoke joinery, furnishings manufacture, inside design, inside match out, all trades, driveways, landscaping, property upkeep and refurbishment.”
