Construction firm WGC (Scotland) Ltd rebrands as Capstone Construction after being acquired by GEG Capital
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AN Inverness construction firm has carried out a rebrand just weeks after coming under new ownership.
In May, city-based investment group GEG Capital acquired WGC (Scotland) Ltd – which was founded as William Gray Construction in 2001 – and will now be known as Capstone Construction.
Rhona Donnelly, managing director of Capstone Construction, said: “This rebrand is an important milestone in our journey. The name Capstone Construction better articulates who we are as a business, our long history in the Highlands and the future vision of us and our board of directors.
“In construction, Capstone refers to the stone placed at the top of a wall or building to mark the successful completion of a structure. Given our excellent track record for successfully delivering bespoke, technically challenging projects for clients across the Highlands – we think the name is apt and captures the spirit and culture of the company as it is today.
“We have a young, ambitious team who have proven to be adaptable and reactive and really want to drive the company into this exciting new phase of its development. The rebrand lets us look to the future, making the most of the synergies that exist across our GEG Capital parent group to better service our extremely valued client base in the social housing, industrial and commercial sectors.”
Capstone Construction operates as a standalone entity within GEG Capital, which supports the existing management team to target growth in the social housing, industrial and commercial construction sectors.
GEG Capital director Jia MacKenzie said: “Capstone Construction’s ambitious management team is already starting to realise the potential we identified in them, working with other companies in our portfolio such as Global Infrastructure and Mabbett where real synergies exist.
“This fresh new identity really lets Rhona and her team put their own stamp on an organisation with a long history but that is entering an exciting phase of its growth.”
The company hopes to create local jobs and support the local economy.
