Major expansion for Scottish property specialists CKD Galbraith
Submitted by: Fame Publicity Services
(OPENPRESS) August 3, 2009 -- Leading Scottish property consultants CKD Galbraith have announced plans to acquire the Buccleuch John Sale estate agency and chartered surveying business.
The acquisition will result in a major expansion of the CKD Galbraith office network in Scotland and the range of property services provided by the firm.
Buccleuch John Sale's three offices and 30 staff in Kelso, Galashiels and Peebles will continue to serve the needs of their clients as a fully integrated part of CKD Galbraith.
The prospective deal will take the number of CKD Galbraith offices in Scotland to 12, employing 160 people from Inverness to the Borders.
Heads of terms have been agreed between CKD Galbraith and The Buccleuch Group. Subject to the due diligence process being completed successfully, the acquisition is expected to be completed within a month.
CKD Galbraith chairman James Galbraith said: "This is a very exciting and significant development for all involved. John Sale is a long-established practice, particularly in the Borders, and is a very highly respected name in property. We will be joining forces with a team that shares many of the same values as CKD Galbraith, and believe our combined resources will offer a depth, breadth and quality of service to clients that is simply not currently available in the Borders."
Buccleuch John Sale director Harry Lukas added: "We are all very pleased to be joining the progressive CKD Galbraith team. We have a great deal in common, particularly in seeking to offer people in the rural property sector a personal service which has been our approach for many years. We will continue to serve our clients, many of whom we have built up excellent relationships with over a long time."
The Buccleuch Group chief executive John Glen said: "The Buccleuch Group purchased John Sale Ltd in April 2004 with the aim of growing its existing activities in the Borders and beyond. This was partly achieved by combining some of our in-house activities, but the existing market conditions now require it to extend its commercial reach further. Consequently, it makes for John Sale to join forces with CKD Galbraith for whom this represents a unique opportunity to move into the Borders, enabling both to fulfil their ambitions as the economy improves.
"We should take this opportunity to express our gratitude to the John Sale team for their loyal and professional contribution to The Buccleuch Group and to wish them well."
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About CKD Galbraith
CKD Galbraith is an independent property consultancy specialising in serving the needs of private clients. It employs over 130 people in offices in Edinburgh, Glasgow, Perth, Cupar, Inverness, Aberfeldy, Castle Douglas, Ayr and Elgin.
The partnership provides the full range of property consulting services across the commercial, residential and rural sectors throughout Scotland. The company enjoys a successful relationship with its associate firm in London, CKD Kennedy Macpherson.
The company's rural arm specialises in farm sales and purchases, the management and sale of large estates and woodland, valuations and building surveying work.
About Buccleuch John Sale
Buccleuch John Sale is an independent firm of chartered surveyors whose experience in the Scottish property market dates back almost 50 years.
The 30-strong team provide services including valuation and sale of residential property, professional surveys and mortgage valuations, valuation and sale of agricultural land, commercial property purchase, sale, valuation and management, residential letting and architectural services.
THE ELITE AYRSHIRE BUSINESS CIRCLE
CKD Galbraith Ayr Office is a founder member of the Elite Ayrshire Business Circle.
The Elite Ayrshire Business Circle is an association founded in 2007 by some of the top companies in Ayrshire.
Its purpose is to publicise its members, and to celebrate and promote the rich diversity of industry, commerce and business services available within the county boundaries of Ayrshire.
Members include the Clydesdale Bank, Ayr Racecourse, Western House Hotel and South Ayrshire Council. and member company activities include broadcasting, building and construction, architectural practice, estate agency and land management, chartered accountancy, insurance broking, legal services, golf club management, marketing services and brand creation, web design and public relations consultancy.
For further information about The Elite Ayrshire Business Circle and to apply for membership, e-mail firstname.lastname@example.org
Founder members of the Elite Ayrshire Business Circle:
South Ayrshire Council http://www.south-ayrshire.gov.uk
Clydesdale Bank http://www.cbonline.co.uk
Ayr Racecourse http://www.ayr-racecourse.co.uk
Western House Hotel http://www.ayr-racecourse.co.uk/hotel.html
CKD Galbraith Property Consultants http://www.ckdgalbraith.co.uk
Frazer Coogans Solicitors http://www.frazercoogans.co.uk
Accident & Injury Claims Centre http://www.accidentclaims.com
MacKay Corporate Insurance Brokers http://www.mackaycorporate-brokers.com
Donald Ross Estate Agents: http://www.donaldross.co.uk
William Skinner & Son Building Contractors http://www.williamskinner.co.uk
Sinclair Scott Chartered Accountants http://www.sinclairscott.com
Paligap Creative Agency http://www.paligap.com
ARPL Architects Ltd http://www.arpl.co.uk
Brunston Castle Golf Club http://www.brunstoncastle.co.uk
Fouters Restaurant http://www.fouters.co.uk
Christie Financial Planning Ltd http://www.christiefp.com
Allison Lightbody Waddell Chartered Surveyors http://www.alwsurveyors.com
Kestrel Press http://www.kestrelpress.com
Fame Publicity Services Public Relations Consultancy http://www.famepublicity.co.uk
West Sound Radio http://www.westsound.co.uk
Easton Kitchens & Bathrooms