Organic growth better than spending sprees, says Bam boss

By Dave Rogers2019-07-01T05:00:00

James Wimpenny was speaking as firm sees profit rise last year

The boss of V&A Dundee contractor Bam has become the latest to cast doubt on firms plotting growth strategies through acquisitions.

Two weeks ago, new Kier chief executive Andrew Davies put the for sale sign on a host of businesses as the struggling builder, which has grown its business on the back of a £500m spending spree, said it was planning to concentrate on its core construction business.

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