Bovis Homes has acquired Galliford Try’s Linden Homes and Partnerships & Regeneration businesses and plans to rebrand with a new name for the group.
Housebuilder Bovis Homes Group has completed the £1.1bn acquisition of Galliford Try’s Linden Homes and Partnerships & Regeneration businesses.
Bovis Homes has made an application to the Registrar of Companies to change its name to Vistry Group to cover the combined group.
This new corporate name will be used for the group’s housebuilding and partnerships businesses.
The chief executive of Galliford Try, Graham Prothero, has been appointed as chief operating officer of the group.
The enlarged housebuilding business will operate with both the Bovis Homes and Linden Homes brands.
Greg Fitzgerald, chief executive of Bovis Homes, said: "I am delighted that we have completed the exciting and transformational acquisition of the Linden Homes and Partnerships & Regeneration businesses of Galliford Try plc.
“The combination of these businesses with Bovis Homes creates a top five housebuilder in the UK with the capacity to deliver over 12,000 homes per year in the medium term.
“It also gives us a leading position in the high-growth, more resilient partnerships market.
“Within the enlarged business, our commitment to ensuring the highest levels of build quality and customer satisfaction will remain central to everything we do.
“We would like to thank all shareholders for their engagement in this process and look forward to delivering the clear strategic and financial benefits of this combination.
“Finally, I would like to extend a very warm welcome to all our new colleagues and thank everyone collectively for their continued hard work and focus on our customers during this busy period."
