Private equity not only allowed me to buy great businesses but also gave me the ability to invest – so we could make the most of the growth.”
Under one roof
Following the investment, Duncan & Todd completed a number of acquisitions, bringing the total number of branches to 44 across Scotland, from the Borders and central belt to the Highlands and Islands.
In 2023, the group relocated its headquarters and manufacturing laboratory to new premises in Aberdeen, and Caledonian Optical tripled its capacity with a £1.5 million investment in the latest technology.
In October 2023, Mat Norris was appointed as Group CEO, marking a new chapter in the Duncan & Todd Group’s continued growth and commitment to delivering exceptional eye and hearing care services to its communities.
Frances Rus will transition to Non-Executive Director, continuing to serve on the Board of Directors and remaining a significant shareholder in Duncan and Todd.
Reinvigorated ESG commitments
Duncan and Todd reinvigorated its ESG commitments. The business plans to reduce its environmental footprint, actively engage with local communities to promote positive change and uphold the highest ethical standards in all operations.