Thursday, April 2, 2015
Countrywide plc, the UK’s largest integrated property services group including the largest lettings agency, has significantly increased its regional footprint by acquiring a further four lettings businesses in quarter one 2015.
Over the past three months, Countrywide completed acquisitions including Property Links, a well established business in Plymouth, Anderson Residential a full service lettings agency in Sutton Coldfield, the large portfolio of HE Lettings in Lincolnshire and All in One Move renowned lettings agency in Swindon.
As part of Countrywide plc, all four acquired businesses will benefit from the Group’s shared marketing services, property market insight due to economies of scale and shared services from local lettings agency brands.
Nick Dunning, Group Commercial Director, Countrywide plc, comments:
“The acquisitions we made in quarter one, 2015 are in line with our selective acquisitions strategy, which is focused on delivering the best growth and success for all parties involved. These acquisitions significantly increase our regional footprint and fill in the geographical gaps in our portfolio. Current market conditions offer ongoing opportunities to acquire lettings businesses and scope to enter new markets as well as expand our presence in existing markets.”
John Hards, Managing Director, Countrywide Residential Lettings, comments:
“Countrywide has a unique ability to grow businesses by ensuring they operate autonomously, retain their local heritage and benefit from Countrywide’s ongoing investment and support. For clients, Countrywide’s structure, scale and all-round property expertise enables it to best serve the needs of clients of all sizes; from private landlords to corporate investors.
“The investments we make in our acquisitions are not only focused on the growth of our lettings business but also the growth of our people. Many staff members who have joined via acquisitions have taken on great career paths and are enjoying their time at Countrywide.
“In line with our expansion strategy, we are very interested in talking to professional agents with single or multi-branch businesses almost anywhere in the UK. If you would like to speak to me in absolute confidence I can be reached at firstname.lastname@example.org”
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