EDISON Group has acquired The Edinburgh Driveway Company Ltd for an undisclosed amount.
Operating throughout central Scotland and Ayrshire, the Livingston-based firm was founded 12 years ago and specialises in driveways, paving, landscaping, and artificial grass products and services. The firm is a Marshalls approved contractor.
Edison Group said 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. The company also 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.
Mr Melville added, “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.”
