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US private equity group Lone Star has launched a £630 million takeover bid for McCarthy & Stone with the retirement homes specialist's board recommending that shareholders accept the offer.
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McCarthy & Stone, the UK's largest developer of retirement homes, is reopening sales offices next week in a bid to sell its 1,350 completed homes. The developer, which has delivered over 56,000 homes across the UK since 1977, said it will prioritise selling completed homes over restarting constr
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Laing O’Rourke has announced the appointment of Rowan Baker from McCarthy & Stone as its new chief financial officer (CFO). Ms Baker will take up her new global role in September and will sit on the company’s group executive committee and corporation board.
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McCarthy and Stone’s regional managing director in Scotland, Jonathan Fair, has been appointed to Construction Scotland’s Industry Leadership Group (ILG). Construction Scotland said it made the appointment as it continues to bring together key figures from the private and public sector t
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Retirement home group McCarthy & Stone is to close its Scottish business as part of a continued restructure to reduce costs. The firm, which has already closed its southwest regional business, said the Scotland business is being wound down and closed over the next 12 months.
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