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United House and Bullock Construction to merge

United House is merging with Bullock Construction in preparation for a “major” expansion in its private residential business.

A new company, United Living Group, will be created as part of the deal.

United Living Group will operate from former Bullock Construction offices in Aldridge, West Midlands, and former United House offices in Swanley, Kent.

United House Developments, currently based in Covent Garden, will be shortly moving to larger premises in London.

Bullock Construction operates in the North, Midlands, Wales and the East, while United House’s focus is on London.

Both will continue to trade under current arrangements until full integration is completed in April 2015.

The firms have combined turnover of around £300m.

United House Group is currently ranked 59th in the CN100, while Bullock Construction is 89th. With their turnover combined, the firms would be placed 38th in the top 100.

The remaining part of the United House Group, United House Developments, will focus on large scale mixed-use regeneration and will become independent, with a pipeline in the London market of 2,000 homes across 12 schemes worth nearly £1bn.

Jeffrey Adams will continue his role as chairman of United House Developments and Rick de Blaby will remain in his post as chief excutive of the group.

Current chief executive of Bullock Construction Ian Burnett becomes chief executive of the new United Living Group.

Former United House Group director Paul Nicholls will also be joining the board.

Mr Burnett said: “This merger brings together two great companies with a strong pedigree for delivering sustainable social housing solutions across the North, Midlands, Wales, London and the South-east.

“The joining of both organisations creates real opportunity for us to continue delivering the high-quality products and excellent customer service we are known for across a much wider market.

“Also, the focused geographical presence of each business ensures a neat overlap and allows us to become a truly national business, integrating a strong management team from both companies to offer best practice, improved operating processes and delivering greater value for money.”

Mr Adams said: “The main focus for United House Developments will now be on significant growth to capitalise on the demand for new homes in the capital.”

Mr Blaby added: “Working with MD Nick Stonley and playing to our strengths of creating opportunity from a select number of exceptional projects at any one time, characterised by the complexity of regeneration but with the opportunity to redefine environments, strengthen community and create a great sense of place, we have a vision of United House Developments playing its part in London’s home building challenge, that stands apart from the activities of the major housebuilders.”

Data taken from United House Group full-year results published 31/12/12 and Bullock Construction full-year results published 31/3/13

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