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Barratt Developments completes merger with Redrow

Apr 15, 20258 months ago

Acquiring Company

Barratt Developments plc

Acquired Company

Redrow plc

ConstructionBuilding MaintenanceConstruction

Description

Barratt Developments plc has successfully completed the merger with Redrow plc as of August 21, 2024. The integration process is nearing completion, with key leadership transitions in place. Matthew Pratt, the former CEO of Redrow, is set to step down from the Board while the company solidifies its market position. This merger is expected to enhance operational efficiency and strengthen the combined entity's performance.

Company Information

Company

Barratt Developments plc

About

Barratt Developments plc is a leading housebuilder in the UK known for creating high-quality homes. The company focuses on sustainability and community development, contributing significantly to the housing market. With a reputation for excellence, Barratt continues to innovate within the construction industry.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed