See all the latest news from MCS
Leading main contractor MCS Group announced today (Wednesday, March 13) at MIPIM that it is exploring potential merger and acquisition opportunities as it confirmed it has already secured contracts worth more than £120 million for 2019.
Speaking at MIPIM – the international real estate conference in Cannes, France – managing director Keir Edmonds said the company would be exploring opportunities to diversify into new sectors. MCS Group directors are attending the event and are researching companies that excel in specific sectors.
Keir said: “We’re attending MIPIM to link in with potential new clients, but we’re also looking at new opportunities to facilitate our future growth, which may include a merger or acquisition.
“We have clearly demonstrated that we know how to scale up and run a business successfully in the construction sector, and we know we have all the right processes and management team in place. It’s an exciting stage in our development and we are very clear about the kind of opportunity and sector we are interested in.”
He added: “We’ve had a great couple of years as we’ve followed our strategic business plan and gained a greater foothold in the buoyant industrial and warehouse sector. We’re quietly confident about this year and we’re already looking further ahead and can see continued significant but stable growth.”