Caledonian Building Systems Limited (“Caledonian”), the UK’s leading manufacturer of pre-engineered buildings has been sold to a Management Buy-Out team in a £37 million deal, backed by Dunedin Capital Partners who were introduced to the deal by Clearwater International. Caledonian designs, manufactures and constructs buildings using pre engineered, steel framed modules. The modules are assembled at the company’s 24-acre site in Carlton-on-Trent, Nottinghamshire. Caledonian is also a leading provider of secure portable accommodation for hire or sale under the Safemaker brand, operating from 5 depots throughout the UK.
“The shareholders have fundamentally changed the business since the original MBO in 1997. They have successfully brought Caledonian to its current number one position in the fast track design and build market for pre-engineered accommodation in the UK. We are delighted to have been involved in this transaction – involving as it does one of the region’s most successful private companies.”