Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more

Wates acquires Linbrook Services

The Wates Group has today announced the acquisition of responsive repairs, maintenance and refurbishment provider Linbrook Services to complement its affordable housing offering.

The £50 million turnover company has contracts covering 100,000 properties and will become a new division of Wates Living Space, the group’s house building and refurbishment arm.

Linbrook’s operations are predominantly based in London and the northern Homes Counties and Wates hopes the acquisition will enable it to offer a complete package to its social housing clients.

The company did not reveal the value of the deal.

Wates Living Space managing director Ian Burnett said:  ““We are delighted to be joining forces with the Linbrook team to achieve Wates Living Space‘s vision to be the leading provider of affordable housing in the UK.

“The acquisition not only offers us the exciting opportunity to grow into new markets, but will also benefit our customers, who will be able to access a fully integrated, cost-efficient service, all under the one roof.”

Wates believes the acquisition will allow it to expand into providing response services to non-housing market sectors including education, rail and the public sector property portfolio.

Wates group chairman and chief executive Paul Drechsler said:  “Wates is always looking at where we can add value for our customers, and joining with Linbrook offers us the opportunity to harness a new set of skills and expertise.

“This move puts Wates Living Space on track towards achieving significant growth in an important market.”

Linbrook Services managing director Graham Scott said: “Like Wates, Linbrook is a successful, people-focused business, with a positive culture and emphasis on delivering a first-class service to customers. 

“We’re excited about becoming part of a company which shares our values, and look forward to using over forty years’ experience in the response services market to support Wates Living Space’s strategic expansion objectives. “

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.