Springfield acquires Mactaggart & Mickel housebuilding business

June 22, 2022
Scottish housebuilder Springfield Properties is to acquire Mactaggart & Mickel’s housebuilding business for £46.3 million.The acquisition, as part of Springfield’s growth strategy, consists of £10.5 million cash paid on completion and a deferred cash consideration of £35.8 million to be paid proportionally as homes are sold over the next five years. It will be funded from Springfield’s internal resources and ...

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