CALA Homes

CALA Management Limited
Industry Housebuilding
Founded 1875
Headquarters Edinburgh, Scotland, UK
Subsidiaries Banner Homes

CALA Homes is a large British housebuilding company headquartered in Edinburgh in Scotland.

History

CALA Homes was founded in 1875 as the City of Aberdeen Land Association. It has grown to become one of the UK's largest house builders. Between 1999 and 2013 the Bank of Scotland held a majority stake in the company,[1] until Legal & General and Patron Capital each took a 46.5% stake in the company in March 2013.[2] In 2014, it bought rival Banner Homes for £200 million.[3]

Kevin Whitaker is the group chief executive. He was previously one of two regional chairs, and managing director of the Cala Homes East division.[4]

Operations

The company has two divisions:

  • CALA Homes Limited
  • Banner Homes Group Limited

References

  1. King, David (16 March 1999). "Cala to construct future as private company". The Scotsman. Retrieved 2 December 2017 via Highbeam.
  2. Mackie, Gareth (18 March 2013). "Cala set for new lease of life after takeover deal". The Scotsman. Retrieved 2 December 2017.
  3. Jeff, Dominic (21 October 2014). "'It's been a really good year' says Cala boss". The Scotsman. Retrieved 2 December 2017.
  4. "Cala builds strong foundations as new chief is unveiled". Retrieved 2018-08-03.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.