Business

Haldane Group unveils £50 million five-year investment strategy

Announcing the Haldane Group investment are (from left) Ian Haldane, chairman of Haldane Group, David Haldane, chief executive of Haldane Group, Brian McAuley, managing director Haldane Fisher NI, and Simon Walling, who will lead the Haldane Fisher brand in England and the Isle of Man, as well as GE Robinson. Picture: Brian Thompson
Announcing the Haldane Group investment are (from left) Ian Haldane, chairman of Haldane Group, David Haldane, chief executive of Haldane Group, Brian McAuley, managing director Haldane Fisher NI, and Simon Walling, who will lead the Haldane Fisher brand Announcing the Haldane Group investment are (from left) Ian Haldane, chairman of Haldane Group, David Haldane, chief executive of Haldane Group, Brian McAuley, managing director Haldane Fisher NI, and Simon Walling, who will lead the Haldane Fisher brand in England and the Isle of Man, as well as GE Robinson. Picture: Brian Thompson

CONSTRUCTION industry supplier Haldane Group has unveiled a major new growth and development plan which will see it invest close to £50 million in the business over the next five years.

The company, which has interests throughout the UK and also in the Isle of Man, will pump £17.5m towards organic development, whilst upwards of £30 million will be allocated to enhance acquisition and green field development, with the aim of ensuring continued job creation and company growth.

David Haldane, who was recently named chief executive of Haldane Group, said: “This is a hugely exciting time for us as we unveil ambitious investment plans that will support our long-term vision and enhance company growth and development over the coming number of years.

“Delivering excellent service, product knowledge, and sound advice to all customers is something which we pride ourselves on, and our passion for construction and home improvement means our valued customers can trust us to deliver the best solution every time.

“Investing over £50 million in our people and across the wider organisation will allow Haldane Group to maintain our position as the partner of choice across a wide network of clients and suppliers, in addition to identifying new opportunities within the markets we serve.”

David will be supported by Brian McAuley as managing director of Haldane Fisher Northern Ireland, Simon Walling who will lead the Haldane Fisher brand in England and the Isle of Man, as well as GE Robinson, and Phil Lomas as managing director of the newly acquired specialist timber business Prowood Ltd.

Family owned since its inception in 1946, Haldane Group’s experience spans generations, and the company (www.haldane-fisher.com) serves both trade and the general public, with 21 branches across Northern Ireland, England, and Isle of Man supplying 13,000 products across 800 brands.

The planned investment will be financed via the group’s own cash generation along with ongoing support from banking partner Danske Bank.

David added: “Our vision for the future of our business is focused on ‘Building Together’ and ensuring that our colleagues are equipped with the resources, skills and training necessary to meet the evolving needs of customers and markets we serve.

“We are confident that our strategic long-term investment plans, combined with the enhancement of our executive structure and wider senior management team, will enable Haldane Group to make this vision a reality and we look forward to working to deliver sustainable opportunities and growth across the business.”

Haldane Group’s commitment to promoting high standards has been recognised by numerous industry and trade bodies, most recently named Builders Merchant of the Year at the prestigious Builders Merchants Awards and Builders Merchants Federation (BMF) Training Company of the Year.