Bovis Homes completes “transformational” acquisition of Galliford Try businesses

Kent-based housing group Bovis Homes has announced the completion of its latest acquisition.

The group has completed its acquisition of the Linden Homes and Partnerships & Regeneration businesses of national housebuilder Galliford Try.

Bovis Homes has been in talks with the firm for several months after reopening negotiations in September of last year.

Former Galliford Try chief executive officer Graham Prothero has been appointed as chief operating officer of the newly enlarged company, which will today make an application to the Registrar of Companies to change its name to Vistry Group PLC.

Commenting on the news, Greg Fitzgerald, CEO 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.”

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