UK’s L&G-Owned Homebuilder Cala Group Purchases Taylor Lane

Insurance giant L&G, the parent of Cala Group, announced it was stopping production at its own timber-frame modular housing business L&G Modular following years of losses. That was immediately followed by Cala Group announcing that it has purchased timber frame builder Taylor Lane in a move designed to boost its timber frame production in England to 1,500 units annually over the next five years, according to a report by “Building” (5-5-23).

Timber Lane, a 40-year-old firm with factories in Hereford and Wales, will supply the L&G-owned housebuilder’s five English businesses in the Cotswolds and South of England. Taylor Lane, which has turnover of around £30m supplying 2,000 timber frame units per year, will retain its existing management team and continue to supply timber frames to existing customers and expand into the wider market.

“Building” says L&G did not comment on whether the two announcements were linked, but Taylor Lane’s timber panel product is different from the complete volumetric housed produced by L&G, and it is not known whether Cala had even considered using L&G Modular as a supplier.