glencar

Ocado Group awards Glencar online grocery fulfilment centre fit out contract.

Glencar, an expanding construction company specialising in the industrial, logistics, distribution, manufacturing, life science and pharmaceutical sectors has today announced that is has been awarded a contract by leading technology-led global software and robotics platform business Ocado Group to fit out its newly built 164,000 sq ft warehouse development situated

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Glencar recognised by the FT as one of Europe’s fastest growing companies.

High profile FT1000 league table ranks Glencar within the top ten of all leading 1,000 European companies with the strongest revenue growth. Glencar, an expanding construction company specialising in the industrial, logistics, distribution, manufacturing, life science and pharmaceutical sectors has today revealed that it has been recognised by the FT

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Steel frame milestone at G-Park Northampton

Glencar has marked the start of the construction of the steel frame on Unit 4 at G-Park Northampton – a new 132,000 sq ft speculative warehouse which represents the final plot at GLP’s Moulton Park development. The Grade ‘A’ rated, highly specified building will be suitable for a range of

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Glencar announces record breaking growth in latest trading statement.

Revenue for the latest trading period¹ grows significantly to £145m with over 50 new employees joining and a new office opened in Birmingham to serve key clients in the Midlands and North. Glencar, an expanding construction company specialising in the industrial, logistics, distribution, pharmaceutical and manufacturing sectors has today announced

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Latest Issue
Issue 324 : Jan 2025

glencar

Ocado Group awards Glencar online grocery fulfilment centre fit out contract.

Glencar, an expanding construction company specialising in the industrial, logistics, distribution, manufacturing, life science and pharmaceutical sectors has today announced that is has been awarded a contract by leading technology-led global software and robotics platform business Ocado Group to fit out its newly built 164,000 sq ft warehouse development situated within Tritax’s new 53-acre Symmetry Park development in Bicester. The project includes the full fit-out of freezer, chill and ambient internal sections and mezzanines within the warehouse.  The works will include new internally piled foundations, an extension to the offices and significant alteration works to the building envelope/external facade. The facility once complete will be one of the most advanced of its type in the world featuring high-tech robotics and automation.   It will be used to further improve Ocado’s distribution operations across Oxfordshire for its rapidly growing online grocery customer base. Speaking about the contract award Glencar Managing Director Eddie McGillycuddy said: “Ocado is a highly valued, long-standing customer of Glencar and the award of this project goes to demonstrate the strength of that partnership and Ocado’s trust in our ability to deliver complex projects on time and budget. This ultra-modern, state of the art automated facility will play an integral role in Ocado’s online grocery regional distribution network for many years to come.  We are delighted to be part of that story and look forward to delivering a successful outcome. Also commenting Neil Bussey, Construction Project Manager  Ocado Group, said “Following the successful delivery of our first mini-CFC in Bristol, on time, to budget, and in the most difficult of circumstances through the global pandemic, Glencar Construction proved themselves to be extremely committed, and professional, throughout the Bristol project, so I am delighted to be able to confirm that I will once again be working with them in the delivery of our second mini-CFC in Bicester.” Tritax’s Symmetry Park, Bicester extends to 53-acres and is home to Bentley Designs (88,000 sq ft); Medline Services (110,000 sq ft) and DPD Group (60,000 sq ft) which is currently under construction and due to be completed in April 2021.

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Glencar recognised by the FT as one of Europe’s fastest growing companies.

High profile FT1000 league table ranks Glencar within the top ten of all leading 1,000 European companies with the strongest revenue growth. Glencar, an expanding construction company specialising in the industrial, logistics, distribution, manufacturing, life science and pharmaceutical sectors has today revealed that it has been recognised by the FT as one of Europe’s fastest growing companies in the FT1000. The FT1000 league table is published annually by the Financial Times and Statista, charting the 1,000 companies in Europe that have achieved the highest percentage growth in revenues over the past 12 months. Glencar is placed in an incredible fourth place and scores highly as an innovative and fast-growing company, part of the driving force of the European economy in the 21st century, generating jobs and sustaining industry. Commenting on the achievement, Glencar Managing Director Eddie McGillycuddy said: “We are incredibly proud to feature so highly in the FT1000 league table now in its fifth year, especially following our recognition in top spot in the annual Sunday Times Virgin Atlantic Fast Track 100 league table in December last year. Since founding Glencar in 2016 we have seen a dramatic increase in the growth of the logistics/industrial construction sector and we believe our strong growth path reflects the growing demand for our expertise together with our customer-centric delivery model which has really given us a competitive advantage. None of this growth would have been possible without our people and this fantastic accolade really is testament to the hard-work and dedication of the team which has allowed us to keep building on this success.  We are already experiencing a very busy start to 2021 with further announcements expected shortly and look forward to further growth this year. To view the FT1000 2021 list and for more information about the ranking click here

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Steel frame milestone at G-Park Northampton

Glencar has marked the start of the construction of the steel frame on Unit 4 at G-Park Northampton – a new 132,000 sq ft speculative warehouse which represents the final plot at GLP’s Moulton Park development. The Grade ‘A’ rated, highly specified building will be suitable for a range of occupiers including last mile logistics, 3PLs, retail/FMCG and manufacturers. The building was designed by UMC Architects and working with Lysander and Fairhurst, Glencar is due to complete the scheme in May this year. Moulton Park is one of the most successful industrial estates in Northamptonshire and is already home to a wide range of regional and national businesses. Occupiers continue to be attracted by the areas’ exceptional transport links, access to national markets and suitably skilled workforce.

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Glencar announces record breaking growth in latest trading statement.

Revenue for the latest trading period¹ grows significantly to £145m with over 50 new employees joining and a new office opened in Birmingham to serve key clients in the Midlands and North. Glencar, an expanding construction company specialising in the industrial, logistics, distribution, pharmaceutical and manufacturing sectors has today announced its results for the latest trading period which confirms significant growth driven by key contract wins across the UK and within the key specialist sectors in which it operates. During the period 29 project instructions were received leading to a growth in revenue upto £145m.  To further fuel this growth 50 new employees were hired, and a new office opened in Birmingham to serve a growing number of key clients in the Midlands and North. Speaking about the results Glencar Managing Director Eddie McGillycuddy said: “From the outset one of the company’s founding principles is to handle growth in a sensible and sustainable manner.  By investing in our people, processes and infrastructure we are creating the solid foundations by which to operate and for the business to succeed. Despite these unprecedented times we are living in and the obvious social and economic challenges we are faced with revenue for the period has grown exponentially – driven by key contract wins with a broad range of new customers and through retaining key customer relationships.   We have also maintained a high degree of profitability which places Glencar on a strong financial footing. We have strengthened our senior leadership team considerably and more than doubled our head count so I am confident we have the right people in the right places to continue to press forward.   With a committed forward order book of over £180m Glencar is showing no intention of slowing down and looks forward to 2021 with a firm sense of optimism. On behalf of my fellow directors I would like to express my sincere thanks and appreciation for the hard work and exceptional efforts of everybody at Glencar to reach this notable achievement”. ¹ Trading Period taken over an 18-month period. Glencar made the decision to change their accounting reference date to 30 September, for operational and administration reasons.

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