Mactaggart & Mickel eyes Aberdeen market
Housebuilder and construction group Mactaggart & Mickel is planning to make a move into northeast Scotland.
The business, which has its headquarters in Glasgow and the bulk of its operations in the Central Belt, said it was part of the strategic-growth plan of the company to target work in Aberdeen.
Ed Monaghan, chief executive, told The Herald: “Our current focus is in our heartlands with an eye to moving into Aberdeen.”
Mr Monaghan indicated nothing is likely to happen in MacMic’s current financial year, which ends on April 30, 2015, but the company intends to pursue the opportunity in the Granite City sooner rather than later.
He said: “ is for the medium term but something that is very much a focus of the group.”
While housebuilding provides the bulk of the company’s turnover it also has a general construction business, a timber frame systems arm and letting operations alongside commercial property and land interests.
Last week the group reported profits more than doubling to almost £8.1 million in the financial year to the end of April 2014 while turnover grew eight per cent to £58.5m.