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On 7 February 2024, the company made an agreed offer to acquire Redrow for £2.5 billion. [52] On the same date, both firms had confirmed reduced revenue and profit. [53] The merged businesses would create a house builder, Barratt Redrow, turning over £7.45 billion and delivering over 22,600 homes a year. [54]
It has grown to become one of the largest housebuilders in the UK. [3] In the year to 31 December 2023, Cala Group sold 2,917 homes, had a turnover of £1.3 billion and reported a pre-tax profit of £112 million. It employed over 1,300 people across 10 offices. [4]
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Westbury was established by the Joiner family in Gloucestershire in 1964. [1] Westbury remained a relatively small operation until 1971, at which point Geoff Hester was recruited to run the business; from that point onwards, Westbury was managed by professional housebuilders from outside the Joiner family.
Bryant resumed private housing development in the early 1950s and in 1958 Roy Davies was appointed managing director of Bryant's housing subsidiary (then Bryant Estates). Davies was responsible for the expansion of Bryant into one of the largest housebuilders in the midlands. [3] The late 1970s brought problems for Bryant.
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In September 2005, the company acquired Fairclough Homes (then building 1,500 houses per year) in exchange for £246 million, which took Miller Homes to its target of 4,000 houses per year and put it into the top ten largest house builders. [3] [10] Shortly thereafter, Miller Homes underwent a restructure of its nationwide operations. [11] [12]
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