In a landmark move, Barratt Developments PLC (“Barratt”) and Redrow PLC (“Redrow”) proudly announce their recommended combination, paving the way for the creation of an outstanding homebuilder that prioritises quality, service, and sustainability. This collaboration aims to play a pivotal role in meeting the growing demand for homes across the country.
The proposed merger brings together three esteemed brands – Barratt, David Wilson, and Redrow – to provide a diverse range of new homes and vibrant communities that cater to the unique needs of customers and localities.
Both Barratt and Redrow share an unwavering commitment to quality, placing customers at the core of their operations. Renowned for crafting award-winning, high-quality homes, the companies have consistently led the industry in terms of quality and sustainability.
David Thomas, CEO of Barratt Developments PLC, expressed his enthusiasm about the exciting opportunity, stating, “This is an exciting opportunity to bring together two highly complementary companies, creating an exceptional homebuilder in terms of quality, service and sustainability, able to build more of the high-quality homes this country needs.”
Matthew Pratt, CEO of Redrow PLC, echoed the sentiment, saying, “As with Barratt, Redrow’s fifty-year success story is based on its people, products and supply chain partners. Together, we’ll be in a much better position to offer a broader range of high-quality and energy-efficient homes to customers.”
The proposed combination of Barratt and Redrow is poised to reshape the landscape of the UK’s homebuilding industry, delivering sustainable and quality housing solutions to address the pressing needs of the nation.
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