Business with Kirkcaldy base completes management buy out

A business with a base in Kirkcaldy has completed a management buy out.

Wednesday, 7th April 2021, 12:30 pm

Bell Group the UK’s largest commercial decorating contractor, is now under new stewardship - and plans to continue to diversify and improve its operations.

The buy out was completed with the support of a seven-figure loan from HSBC UK.

It has its headquarters in Airdrie, with a branch at Merchant House on the town’s Mitchelston Industrial. Estate.

Sign up to our daily newsletter

The i newsletter cut through the noise

Bell Group has a base in Kirkcaldy

Bell group also operates in Glasgow, Edinburgh, Inverness, Dumfries, Elgin, and Aberdeen.

In total it has 31 bases across the UK and employs over 1600 people.

Craig Bell, chief executive and major shareholder, said: “We have seen a real step change in the work we’ve completed over the last six months and we’re very excited about the future.

“The pandemic understandably slowed our growth over the last year, but our forecasts for this year are very strong. As new owners we’re excited to continue to build on the legacy of our predecessors.”

Thank you for reading this article on our free-to-read website. We're more reliant on your support than ever as the shift in consumer habits brought about by Coronavirus impacts our advertisers.

Please consider purchasing a subscription to our print newspaper to help fund our trusted, fact-checked journalism.