Dundee group makes lockdown purchase of Saltire Facilities

UNITED CAPITAL:

The owner of Dundee building services company Mcgill has acquired one of Scotland’s largest central heating and electrical service firms.

Mcgill owner United Capital has acquired 100% ownership of Glasgowbased Saltire Facilities Management, a company with 320 employees and annual turnover of around £30 million.

It is the third major acquisition by United Capital, controlled by Graeme Carling, in just over a year.

After acquiring the assets of Mcgill from administration in March last year, the company acquired Forfar-based Alliance Electrical at the end of last year.

Earlier this year Mr Carling said he planned to acquire several other UK building services and facilities management companies over the next three years with the aim of reaching a collective turnover of £300m.

He said: “Our team are delighted to get this deal over the line.

“Saltire is an exciting addition to the United Capital family.

“Saltire are exactly the type of business that we are looking to acquire.

“They are a profitable business, deliver facilities management services on large public sector contracts and most importantly have a solid and vastly experienced management team leading the company.

“The existing staff, operatives and management will remain in place and it will be business as usual.

“Saltire’s customers will continue to receive exceptional service from the same fully qualified and experienced team.

“The United Capital board of directors will be on hand to support and grow the company moving forwards.”

Saltire Facilities Management was founded in 2000 as a public/private partnership with North Lanarkshire Council to operate as an in-house facilities division, which was later sold by to the major shareholder.

Saltire is one of the UK’S largest