Caly Continue to Invest

‍Caledonian Marts Ltd is set to continue its recent round of investment and expansion.

Phase 3 of a capital expenditure programme – which included £250k of investment in market facilities and improvements – has recently been completed. Further investment in new staff is now planned, to handle increasing throughput in both livestock and plant auctions at the firms Stirling Auction Centre.

Managing Director, John Kyle explained more:

“Our most recent round of capital investment, which, like previous rounds, has been funded entirely from profits generated by the business, has focused on the construction of a new secure storage shed to house valuable sale lots of plant and equipment, new road surfaces at the mart entrance and a liveried van fleet to support our Caledonian Specialist Auctions division.”

“We have also invested in our people, recruiting new auctioneering and front office staff who have been great additions to the Mart. We are now looking to grow our team further with recruitment of a senior auctioneer, two trainee auctioneers and a Plant & Equipment Manager.”

“Auctioneering is very much a people business, and enhancing our team, bringing new members on board will ensure we can continue the first-class service levels we are proud to deliver for our clients.”

“We are also delighted to announce that Oliver Shearman will be promoted to a new role of Head of Livestock. Oliver is a real asset to our team and our farming customers, and it is great to see him progress into this key position.”

“I am proud to have presided over a seven-year period of investment and expansion which has delivered results unprecedented in the long history of Caledonian Marts.”

“As my own retirement age approaches, I had some decisions to make personally. The Directors have asked me to stay on as Managing Director and I am very keen to do so. However, I am keen to allow others within the firm to enhance their own responsibilities and I have therefore decided that as of 1st May 2022 I will take a slight step back and work a three day week, focussing on sale days.”

“I will welcome a bit more time to develop my outside interests whilst retaining and focusing my working time on where I can add most value.”

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