Company News Roundup: 20 May 2014

Dev Secs adds new schemes with £27.4m Cathedral acquisition

Development Securities has bought regen developer Cathedral Group for £27.4m in a move that will add nine development opportunities to its portfolio.

Bam Construct profits and revenue fall in 2013

Bam Construct turnover and pre-tax profits shrank in 2013, while working capital was slightly reduced on 2012.

Company Page: Bam Construct

Bam Nuttall margins down to 1.4% in 2013

Bam Nuttall's margins shrank from 2.5 per cent to 1.4 per cent in 2013 as turnover grew but pre-tax profits fell by £7.4m.

Company Page: Bam Nuttall

Sheffield firm joins Swansea Bay group

Yorkshire firm Sheffield Forgemasters has joined a body seeking to put together a homegrown supply chain for the proposed tidal lagoon at Swansea Bay.

Company Page: Sheffield Forgemasters