Barratt and Redrow Finalise £2.5bn Merger After CMA Approval
Housebuilding giants merge after competition watchdog approval, pledging to maintain quality and service standards.
Housebuilders Barratt and Redrow are set to complete their £2.5 billion merger following approval from the UK’s Competition and Markets Authority (CMA). Although Barratt acquired Redrow’s shares in August, the two firms operated independently while the CMA assessed competition concerns. On October 7th, Barratt and Redrow announced the official launch of their merged entity, now known as Barratt Redrow.
With the approval from the CMA, Barratt plans to fully integrate Redrow within 18 months. As part of the merger agreement, both companies have committed to maintaining the quality and timely delivery of ongoing projects. They have assured that all unbuilt homes and infrastructure will be “constructed to Redrow’s quality standards”. Additionally, they pledged that buyers will continue to receive after-sales support “to a level meeting or exceeding Redrow’s pre-merger standards”.
David Thomas, CEO of Barratt, described the merger a “significant milestone”, stating that the newly combined company will deliver high-quality, sustainable homes to a wider range of customers. By integrating Redrow’s expertise, Barratt aims to accelerate home delivery across the UK. The merger is expected to benefit employees and supply chain partners, with a focus on efficient integration to create long-term value. Leveraging the strengths of both companies, Barratt Redrow is well-positioned to meet housing demand and provide lasting value in the market.
