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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]
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]
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The company was founded by John Bloor in 1969. [5] Unlike many housebuilders, John Bloor has long retained a large stake in the ownership of Bloor Homes; by 2018, he was reportedly the richest man in Britain's construction sector, valued at almost £3.4 billion.
The HBF can trace its roots back to 1939 and the establishment of the National Association of House Builders. [2] This became the Federation of Registered House Builders in 1946 (representing the housing element of the National Federation of Building Trades Employers, NFBTE, in whose annual reports its activities were described), [3] and the House Builders Federation in 1970.