Glasgow Talks ... with Lord Willie Haughey OBE
Issued: Thu, 10 Oct 2019 10:01:00 BST
Friday 25 October 2019
8.00am for breakfast and networking. Talk will start around 8.30am with a 10.00am finish
200SVS, 200 St Vincent Street, Glasgow G2 5SG
Join us this October for Glasgow Talks, where we are delighted to welcome Lord Willie Haughey OBE, Chairman of City Refrigeration.
Lord Haughey was born in the Gorbals, Glasgow in 1956. He served an apprenticeship as a refrigeration and air conditioning engineer. After working abroad for two and a half years in the United Arab Emirates in the early Eighties, for UTS Carrier, he returned to Glasgow and set up the company, City Refrigeration, in 1985 with his wife, Susan. The company started its first year with four employees and a turnover of £100k.
In 1994 the venture capital company 3i’s bought 67% of the company. In 1999 following five years of growth the Haughey family negotiated to buy back the shares and today the family owns 99% of the company.
In the mid 1990s City transformed itself from a refrigeration company into a facilities management company and it is now one of the largest privately-owned Integrated Facilities Management companies in the world with offices in the UK, France, Australia, Hong Kong, Singapore, Kuala Lumpur and North America. Today the company employs just over 14,500 people.
It has taken the company 34 years to get to a £1bn turnover and with work that is in the pipeline there is a realistic chance it will be at £2bn within the next 3 years.
Further information - Lindsay.Mccready@glasgow.ac.uk
Glasgow Talks - sponsored by the Adam Smith Business School and the Clydesdale Bank - is the Glasgow Chamber of Commerce's monthly series of business seminars featuring influential guest speakers drawn from the business and political elite.
As part of our sponsorship with the Glasgow Talks series, a limited number of free places are available for students, staff and alumni of the Adam Smith Business School. Places will be allocated on a first come, first served basis.