Preferred bidder says he has "big plans" for Dundee based McGill

Administrators have chosen Catalus Energy Investments as the company they want to buy the collapsed building firm

Author: Callum ClarkPublished 26th Feb 2019

The preferred bidder for Dundee based firm Mcgill & Co says he has "big plans" for the building contractor.

Administrators have chosen Catalus Energy Investments as the company they want to buy the collapsed building firm.

The firm operates in the in the social housing and private residential market to mention a couple.

It's owned by local businessman Graeme Carling.

He said: " I am excited to be announced by KPMG as the preferred bidder and over the next few days our team will complete our due diligence at which point we should be in a position to quickly complete the purchase of McGill & Co.

"We have big plans for McGill & Co and can't wait to get started.”

374 workers were made redundant at the start of this month when McGill folded, with administrators blaming difficult trading conditions for it's demise.

The firm has bases in Edinburgh and Glasgow