Miller has not disclosed how much it paid for the family-owned housebuilder, but it is believed to be upward of £10m. The move follows its acquisition last October of Newcastle housebuilder Cussins for £23.2m.
John Lynch builds about 100 units a year in East Kilbride, Lanarkshire and Ayrshire. Its average selling price is about £90 000.
Miller chief executive Keith Miller said the firm also had a considerable landbank and would double its sales to 200 units once the land was developed.
Scottish housebuilding has seen a flurry of corporate activity in the past six months, following the battle for control of Cala between Miller Group and the Cala management team, which eventually succeeded in taking the company private. Last week, Persimmon bought Tilbury Douglas’ Scottish housebuilding business for £19.5m.
Analysts are predicting that regional housebuilders throughout the UK will continue to be bought up as housebuilders look to grow to attract investment.
Miller Group is regarded as one of the most predatory companies in the sector. Miller has appointed Derek Gardner, a former director at Natwest Equity Partners, corporate development director with a specific remit to locate potential acquisitions.