Edison Group – Scottish-based UK and internationally operating construction and property business – has acquired The Edinburgh Driveway Company Ltd, a twelve-year-old Livingston-based business specialising in driveways, paving and landscaping, for an undisclosed sum.
The Edinburgh Driveway Company, which operates throughout central Scotland and Ayrshire, provides a complete range of driveways, landscaping and artificial grass products and services, and is a Marshalls approved contractor which fits only to British standard (BS 753-101) specification and follow all correct installation process and procedures. It is inspected by Marshalls on its standard of work up to six times a year.
It fields highly skilled and experienced paving and landscaping installation teams, as well as a design team, which over the recent past have acquired high level customer endorsements on a range of consumer websites. In addition the company provides a series of related offerings including garden offices, garages, extensions, kerbing, gates and walling.
Edison Group founder and CEO Calum Melville said: "With this acquisition we are pleased to have secured eight jobs and aim to create a further five. The Edinburgh Driveway Company’s activities fit neatly into our existing range of construction and property offerings and we anticipate the expansion of its operations across the whole of Scotland and the rest of the United Kingdom.
"We remain firmly in the market to acquire businesses that are complementary to our group activities and are projecting sales of £20 million on a rolling 12-month basis by the end of 2023, driven both by further, already-planned strategic acquisitions and organic growth.
"Edison Group has decades of experience in starting, buying, building and growing businesses, both organically and by acquisition, driving operational and financial excellence and significantly increasing value for all stakeholders, so we believe we have the right ingredients to succeed in a challenging environment."
In December 2022 Edison Group bought over Glasgow-based GDC Design which is projecting sales of £4 million in 2023. It operates throughout Scotland and as far south as Birmingham, providing premium bespoke manufacturing, interior fit, design and project management to local authorities, NHS, central government, charities, dentists and Tier 1 hospitality, retail and construction clients.
Mr Melville continued: "We are investing substantial sums to build an infrastructure and platform to drive growth over the next few years with an expanded offering which includes construction, project management, architectural services, bespoke joinery, furniture manufacture, interior design, interior fit out, all trades, driveways, landscaping, property maintenance and refurbishment."
Time and date
CONSTRUCTION DIRECTORY
Latest Construction News
26/11/2024
Scottish Water has unveiled its largest-ever procurement initiative, aiming to modernise the nation's water and wastewater infrastructure while safeguarding the environment. The program, named Delivery Vehicle 4, is valued between £5 billion and £9 billion and is set to run from 2027 to 2033, with ...
26/11/2024
The City of Edinburgh Council has granted planning permission, subject to conditions, for the refurbishment of Calton Square, an office building currently occupied by Baillie Gifford until the end of December 2025. Promoted by Ardstone Capital on behalf of Manova Partners, the project aims to ...
26/11/2024
First Minister John Swinney, MSP for Perthshire North, praised the progress being made on the construction of the new Perth High School during a visit on Friday, 22 November. He was joined by Jim Fairlie, MSP for Perthshire South and Kinross-shire, alongside senior Perth and Kinross Councillors, ...
26/11/2024
A state-of-the-art playpark has officially opened at King George V Park in Bearsden, following the completion of a £100,000 refurbishment. Funded by a combination of East Dunbartonshire Council (EDC) Capital Funding and the Scottish Government’s Renewing Scotland’s Play Parks initiative, the ...
26/11/2024
Fife Council has launched a public consultation, inviting residents, businesses, and organizations to contribute ideas and propose sites for inclusion in the next Local Development Plan, known as Fife's Place Plan. The council is calling on community councils, landowners, and developers to share ...
26/11/2024
The Chief Executive of East Lothian Council has announced she is to retire in February 2025. Monica Patterson who has been Chief Executive for almost five years, has spent most of her professional career working in local government. Prior to joining East Lothian Council in 2010, she was Head of ...
25/11/2024
West of Scotland Housing Association (WSHA) and Connect Modular have jointly submitted a planning application to Glasgow City Council for the development of 33 affordable homes in Cowlairs. This project aligns with the wider Cowlairs Park regeneration scheme and the city's ambitious housing ...
25/11/2024
Arc-Tech (Scotland) has successfully completed a £6m Mechanical and Electrical (M&E) services package for the Lost Shore Surf Resort in Edinburgh. The state-of-the-art resort, which opened its doors earlier this month, features a range of amenities, including a wave pool, luxury lodges, and ...
25/11/2024
Scottish Water has successfully completed the construction of a groundbreaking hydro energy generation scheme at Whiteadder Reservoir in East Lothian. This innovative project, believed to be the first of its kind in Europe, will harness the power of water to offset a significant portion of the ...
25/11/2024
Work is set to commence on a £6.5 million project to upgrade the Double Dykes Gypsy/Traveller site near Perth. The initiative aims to replace outdated chalets with modern, energy-efficient accommodation and implement significant site improvements. Perth & Kinross Council secured £3.9 million from ...