Edison Group, the fast-growing Ayrshire-headquartered construction, property and investment business, has acquired Crown Architectural Systems, a north-east of England based company which operates from a 6500 sq. ft facility in Washington, in the City of Sunderland district of Tyne and Wear, and employs 29 staff.
The company, which was formed originally in 2007 as Crown Doors and Shutters, has an excellent reputation in the region's construction sector and counts such high-profile businesses as Audi, Greggs, and the University of Northumbria amongst its customer base.
Edison Group Chief executive, Calum Melville, said: "Crown Architectural Systems is a specialist supplier to Tier 1 construction customers of windows, doors, curtain walling, fire shutters, roller shutters and security grilles, and represents a highly complementary addition to our existing portfolio of expert specialist supplier businesses.
"It has contracted revenue for 2023 of £6m and it is our aim to have this increase to £10m in the year to December 2024. There are currently 29 employees in the business and we anticipate that we will create 14 new jobs this year.
"This acquisition represents our most important move to date into the construction industry market in the north of England and we plan to develop Crown ASL, as a UK-wide operator as we win yet more business in the wider UK construction sector.
"I lead an ambitious business and this acquisition is just the latest manifestation of our determination to continue to grow rapidly. Edison Group in currently in legal stages with two further acquisitions which we anticipate will complete in April and May 2023 respectively.
"These will bring bringing consolidated sales on a rolling 12-months to £26 million."
Edison Group, which recently opened its new offices in High Street, Irvine has been highly active in growing and acquiring complementary businesses in the construction and property sectors.
Mr Melville continued: "We remain firmly in the market to acquire businesses that are complementary to our group activities are investing substantial sums to build an infrastructure and platform to drive growth over the next few years.
"Our consistently expanding offering 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
22/11/2024
SP Energy Networks has announced a major investment in Britain's electricity grid, selecting 19 preferred partners to deliver a £5.4bn supply chain programme. This significant initiative aims to meet increasing energy demand and facilitate future growth. The selected companies, many of which are ...
22/11/2024
Edinburgh City Council has launched a 12-week public consultation on a new strategy to revitalise Princes Street and the wider Waverley Valley. The vision aims to create a more vibrant and welcoming city centre, attracting investment, supporting businesses, and enhancing the visitor ...
22/11/2024
Ener-G Services Limited, a leading UK electrical engineering company specialising in renewables, marine, and offshore sectors, has expanded its operations in Westhill, Aberdeenshire. The company has leased Unit 6E at Kingshill Commercial Park, a 2,500 sq ft space, on a 5-year lease. This new ...
22/11/2024
A consortium of leading scientists, industry experts, and academic institutions has joined forces to accelerate Scotland's offshore wind sector. The £2.5 million project, led by the University of Edinburgh in collaboration with the University of Dundee and the Forth and Tay Offshore cluster (FTO), ...
22/11/2024
The Port of Aberdeen and Turner & Townsend were highly commended in the 'Engineering, Construction & Infrastructure Project of the Year' category at the APM Project Management Awards 2024. The award recognises excellence in project management and the positive impact on end-users. The £420 million ...
22/11/2024
South Lanarkshire Council's £10 million fire safety improvement programme has reached a significant milestone, with CCG (Scotland) completing installations in over 1,700 high-rise residences across East Kilbride and Cambuslang. The Glasgow-based construction firm has been working closely with the ...
22/11/2024
SSEN Transmission, a key player in the UK's energy transition, is set to further expand its workforce and move into a new, sustainable office space in Glasgow. The company's commitment to net zero and the increasing demand for green energy workers has led to significant growth, with the number of ...
22/11/2024
Scottish Water is investing in the upgrade of its Loch Eck clean water plant in Dunoon. The project involves replacing outdated dry well pumps with new, more reliable pumps capable of operating in both wet and dry conditions. WGM Engineering, an RSK Group company, has been tasked with carrying out ...
22/11/2024
Scottish Land & Estates has expressed serious concerns over the Scottish Government's Land Reform Bill, particularly the provisions that would allow ministers to force landowners to sell large estates in lots. Sarah-Jane Laing, the organisation's chief executive, stated that while the land-based ...
22/11/2024
Clark Contracts employees have once again shown their commitment to community engagement by volunteering at Silverburn Park in Leven. On Thursday, 21st November, 16 members of the team spent their day planting over 400 trees and carrying out other landscaping tasks. This latest volunteering effort ...