FMJ Facilities Management magazine providing industry-specific intelligence to FM and property professionals
Ayrshire-headquartered construction, property and investment business, Edison Group, has acquired Crown Architectural Systems.
Based in the north-east of England, Crown Architectural Systems 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 built a 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 £6 million and it is our aim to have this increase to £10 million 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 has been highly active in growing and acquiring complementary businesses in the construction and property sectors. The company recently announced its acquisition of project management, interior fit-out and property maintenance business GDC Design, and The Edinburgh Driveway Company Ltd, a 12 year-old Livingston-based business specialising in driveways, paving and landscaping.
Melville added: “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.”
With the current economic crisis resulting in higher prices and more of a squeeze on resources, FMs need to ensure that they have robust building and maintenance services in place to control costs and reduce the need for emergency repairs. When it comes to drainage and plumbing there are also the challenges of dealing with extreme weather, from droughts to flooding, the need to meet stringent regulations and to avoid causing environmental damage.
UK drainage specialist, Metro Rod, has launched a survey which explores the main areas of interest for FMs in maintaining drainage and plumbing, including how they currently assess their supply chains to ensure they’re working with partners that meet the highest possible standards and provide value for money.
The results will be published online so that you can see how you compare to others within the sector.
The survey should take just 5-10 minutes of your time, and as a thank you, you will be entered into a prize draw, where one lucky winner will be picked at random to receive a £100 Amazon voucher.
To take part click here.
