{ "schemaVersion": "1.3.0", "language": "en", "slug": "barratt-developments", "brandKey": "barrattdevelopments", "canonicalName": "Barratt Developments", "canonicalUrl": "https://worldbrand.ai/brand-wiki/barratt-developments", "jsonUrl": "https://worldbrand.ai/brand-wiki/barratt-developments/json", "markdownUrl": "https://worldbrand.ai/brand-wiki/barratt-developments/md", "name": "Barratt Redrow", "oneLiner": "A British residential property developer and housebuilding group operating across England, Wales and Scotland.", "summary": "Barratt Redrow is a British residential property development group formed through the combination of Barratt Developments and Redrow in October 2024. The group is headquartered in Coalville, Leicestershire, at offices formerly associated with David Wilson Homes, and operates primarily in England, Wales and Scotland. Its consumer-facing housebuilding brands include Barratt Homes, Barratt London, David Wilson Homes and Redrow. The group also has activities in commercial property development through Wilson Bowden Developments and in timber-frame manufacturing through Oregon Timber Frame.\n\nThe business originated in Newcastle upon Tyne in 1958, when accountant Lawrie Barratt joined builder Lewis Greensitt to establish Greensitt Brothers. Barratt had previously purchased land near Newcastle and built a house himself, an experience that helped shape his interest in residential development and the affordability of homes for first-time buyers. The company became Greensitt & Barratt and floated on the London Stock Exchange in 1968. After Greensitt left, the business adopted the Barratt Developments name in 1973.\n\nDuring the 1970s, Barratt expanded rapidly through acquisitions, including the Manchester-based Arthur Wardle and the Luton-based Janes. The company developed a national presence and became one of the largest British housebuilders. Its marketing emphasised professionally advertised starter homes, part-exchange arrangements and a highly visible brand identity. In the year ending June 1983, Barratt sold approximately 16,500 homes, making it the country's largest housebuilder at that time.\n\nThe company experienced a major setback in the mid-1980s after two ITV World in Action programmes criticised aspects of its housing practices, including timber-framed construction and starter-home products. Sales fell sharply. Barratt responded with a substantial restructuring, discontinued timber-frame construction in its main product range, introduced revised house designs and shifted emphasis toward more profitable trade-up housing. The group also briefly developed an overseas presence through Barratt American in California, which was sold through a management buyout in 2004 as management refocused on the United Kingdom.\n\nThe early-1990s recession placed further pressure on Barratt. Lawrie Barratt returned to active management, production was increased and the company again pursued first-time buyers. In 2007, Barratt ended a long period without a major acquisition by purchasing Wilson Bowden for approximately £2.7 billion. The transaction brought the David Wilson Homes, Ward Homes and Wilson Bowden Developments activities into the group and restored Barratt's position as Britain's largest housebuilder by scale.\n\nThe global financial crisis caused a severe downturn. Barratt restructured its banking arrangements, recorded a property-related write-off of nearly £600 million and reduced its workforce by about 700 positions in 2009. It later returned to growth, formed Barratt Residential Asset Management in 2012 to manage properties on Barratt London developments, and sold that operation to FirstPort in 2019. The group also acquired Oregon Timber Frame in 2019, strengthening control over an important construction-material supply chain.\n\nEnvironmental and construction innovation became more prominent in the 2020s. Barratt set science-based carbon-reduction targets, committed to developing zero-carbon homes from 2030 and stated an ambition to become a net-zero business by 2040. Projects associated with its sustainability and modern-construction work have included Energy House 2.0, the Green House at BRE Innovation Park, Hanham Hall, Derwenthorpe and Kingsbrook.\n\nIn February 2024, Barratt agreed to acquire Redrow in a transaction valued at approximately £2.5 billion. The Competition and Markets Authority reviewed the combination, including concerns about competition in north Shropshire, before the transaction was completed. On 7 October 2024, the…", "aliases": [ "Barratt Redrow plc", "Barratt Homes", "David Wilson Homes", "Redrow", "Barratt Redrow" ], "entityType": "corporate_brand", "l1Slug": "other", "l1": "Other", "l2Slug": "catch-all", "l2": "Catch-all", "l3Slug": "general-companies", "l3": "General Companies", "l4Slug": "companies-general", "l4": "Companies (General)", "country": "United Kingdom", "headquarters": "Coalville, Leicestershire, United Kingdom", "operatingMarkets": [ "England", "Wales", "Scotland" ], "foundedYear": 1958, "founder": "Lawrie Barratt and Lewis Greensitt", "website": "http://www.barrattdevelopments.co.uk/", "websiteHost": "barrattdevelopments.co.uk", "parentCompany": null, "owner": null, "groupOrHouse": null, "listedStatus": "public", "ticker": null, "status": "active", "enrichmentStatus": "rich_ok", "typicalProducts": [ "New-build private housing", "Affordable housing", "First-time-buyer homes", "Trade-up family homes", "Premium and urban housing", "London residential developments", "Commercial property development", "Timber-frame construction components", "Property and estate-management services", "New-build houses", "Apartments and flats", "Affordable and first-time-buyer homes", "Trade-up and family housing", "Commercial property developments" ], "flagshipOfferings": [ "Barratt Homes", "David Wilson Homes", "Barratt London", "Redrow", "Wilson Bowden Developments", "Oregon Timber Frame" ], "positioning": "A major UK volume housebuilder offering new-build homes across entry-level, family, premium and urban segments, supported by commercial-development and construction-supply activities.", "wikiPathKey": "Barratt_Redrow", "wikiTitle": "Barratt Redrow", "wikidataId": "Q591090", "sameAs": [ "http://www.barrattdevelopments.co.uk/", "https://en.wikipedia.org/wiki/Barratt_Redrow", "https://www.wikidata.org/wiki/Q591090" ], "claimStatus": "unverified", "updatedAt": "2026-08-31T16:29:00.360Z", "generatedAt": "2026-08-21T22:20:36.924Z", "executives": [ { "name": "David Thomas", "title": "Chief executive officer", "isCurrent": true, "startYear": null, "endYear": null }, { "name": "Dean Banks", "title": "Designated future chief executive officer", "isCurrent": false, "startYear": 2026, "endYear": null }, { "name": "Lawrie Barratt", "title": "Co-founder; former chairman and life president", "isCurrent": false, "startYear": 1958, "endYear": 1997 }, { "name": "Lawrie Barratt", "title": "Founder; former chairman and life president", "isCurrent": false, "startYear": 1958, "endYear": 1997 }, { "name": "Matthew Pratt", "title": "Chief executive officer of Redrow; former executive associated with the combined group", "isCurrent": false, "startYear": null, "endYear": 2025 }, { "name": "Mike Scott", "title": "Chief financial officer", "isCurrent": false, "startYear": null, "endYear": 2025 } ], "news": [ { "headline": "CMA closes housebuilder information-sharing investigation after proposed industry measures", "year": 2025, "summary": "The investigation was reported as ending after a payment toward affordable housing and commitments concerning information-sharing practices, without an admission of liability.", "tags": [ "scandal", "regulation" ], "isScandal": true, "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "headline": "CMA investigates alleged information sharing among housebuilders", "year": 2024, "summary": "Barratt and Redrow were among UK housebuilders investigated by the CMA over alleged sharing of commercially sensitive information relating to construction rates, site build-out and pricing.", "tags": [ "scandal", "regulation" ], "isScandal": true, "sourceUrl": "https://www.gov.uk/government/news/cma-launches-investigation-into-housebuilding-sector" }, { "headline": "CMA information-sharing investigation", "year": 2024, "summary": "The CMA investigated Barratt and other housebuilders over alleged sharing of commercially sensitive information that could affect site build-out and new-home prices. The investigation concerned possible competition-law breaches and did not by itself establish liability.", "tags": [ "scandal" ], "isScandal": true, "sourceUrl": "https://www.gov.uk/government/news/cma-launches-investigation-into-housebuilding-sector" }, { "headline": "CMA investigates UK housebuilders over information sharing", "year": 2024, "summary": "Barratt and Redrow were among housebuilders investigated over suspected sharing of commercially sensitive information relating to site build-out and new-home pricing.", "tags": [ "scandal", "regulation" ], "isScandal": true, "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "headline": "Housebuilder competition-law investigation", "year": 2024, "summary": "The CMA investigated suspected information sharing among major housebuilders, including Barratt, concerning development rates and new-home pricing. Later measures were reported as ending the investigation without an admission of wrongdoing.", "tags": [ "scandal" ], "isScandal": true, "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "headline": "CMA closes leasehold-sale investigation involving Barratt", "year": 2022, "summary": "The CMA closed its investigation into alleged mis-selling of leasehold houses after concluding that a successful legal case was unlikely, while noting that Barratt had changed its sales practices and no longer sold leasehold houses.", "tags": [ "scandal", "regulation" ], "isScandal": true, "sourceUrl": "https://www.gov.uk/cma-cases/housebuilding-companies-and-the-sale-of-leasehold-houses" }, { "headline": "CMA closes leasehold sales investigation involving Barratt", "year": 2022, "summary": "The regulator ended its investigation into alleged mis-selling of leasehold houses, citing insufficient evidence for a successful legal case and noting that Barratt had changed its sales practices.", "tags": [ "scandal", "regulation" ], "isScandal": true, "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "headline": "Concrete-frame defects identified at several developments", "year": 2020, "summary": "Defects discovered during cladding-remediation work at Citiscape in Croydon led to reviews of other developments and substantial remediation commitments.", "tags": [ "scandal", "recall" ], "isScandal": true, "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "headline": "Citiscape and concrete-frame defects", "year": 2020, "summary": "During cladding-remediation work at Citiscape in Croydon, defects were found in the reinforced-concrete frame. Reviews identified similar issues at additional developments, producing substantial remediation obligations and the temporary rehousing of residents.", "tags": [ "scandal" ], "isScandal": true, "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "headline": "Concrete-frame defects lead to remediation work", "year": 2020, "summary": "Defects identified during cladding-remediation work at Citiscape in Croydon led to wider reviews and substantial remedial activity at several developments.", "tags": [ "scandal", "recall" ], "isScandal": true, "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "headline": "Leasehold house sales investigation", "year": 2019, "summary": "The CMA investigated alleged mis-selling connected with leasehold houses. It closed the investigation in 2022, stating that a successful legal case was unlikely and noting that Barratt had changed its practices and no longer sold leasehold houses.", "tags": [ "scandal" ], "isScandal": true, "sourceUrl": "https://www.gov.uk/cma-cases/housebuilding-companies-and-the-sale-of-leasehold-houses" }, { "headline": "Leasehold sales practices investigation", "year": 2019, "summary": "The CMA investigated alleged mis-selling involving leasehold homes. It closed the investigation in 2022 after concluding that the available evidence was insufficient for a successful legal case.", "tags": [ "scandal" ], "isScandal": true, "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "headline": "World in Action criticism of starter homes", "year": 1984, "summary": "A second programme criticised Barratt's starter-home activities. The combined controversy was followed by a major restructuring and a change in product emphasis.", "tags": [ "scandal" ], "isScandal": true, "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "headline": "World in Action criticism of timber-frame housing", "year": 1983, "summary": "An ITV World in Action programme criticised aspects of Barratt's timber-framed housing. A second programme the following year addressed starter homes. The publicity was followed by a major decline in sales and a company restructuring.", "tags": [ "scandal" ], "isScandal": true, "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "headline": "World in Action criticism of timber-framed housing", "year": 1983, "summary": "An ITV World in Action programme criticised aspects of Barratt's timber-framed housing, contributing to negative publicity and a subsequent fall in sales.", "tags": [ "scandal" ], "isScandal": true, "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "headline": "Barratt agrees to acquire Redrow", "year": 2024, "summary": "Barratt Developments announced an agreed offer to acquire rival housebuilder Redrow in a transaction valued at approximately £2.5 billion.", "tags": [ "mna" ], "isScandal": false, "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "headline": "Competition regulator reviews Barratt–Redrow combination", "year": 2024, "summary": "The UK Competition and Markets Authority examined the proposed transaction and identified localized competition concerns in north Shropshire before allowing the deal to proceed.", "tags": [ "mna", "regulation" ], "isScandal": false, "sourceUrl": "https://www.gov.uk/cma-cases/barratt-developments-plc-slash-redrow-plc-merger-inquiry" }, { "headline": "Barratt Redrow begins operating as enlarged group", "year": 2024, "summary": "Following completion of the Redrow acquisition and regulatory clearance, the combined company adopted the Barratt Redrow name.", "tags": [ "mna", "leadership_change" ], "isScandal": false, "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "headline": "Competition regulator examines the Barratt–Redrow transaction", "year": 2024, "summary": "The Competition and Markets Authority reviewed possible effects of the proposed merger, identifying a competition concern in north Shropshire before the investigation was closed.", "tags": [ "mna", "regulation" ], "isScandal": false, "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "headline": "Barratt Redrow begins post-merger consolidation", "year": 2024, "summary": "Following completion, management announced plans involving divisional-office closures, central-function consolidation and supply-chain savings.", "tags": [ "mna" ], "isScandal": false, "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "headline": "Barratt acquires Oregon Timber Frame", "year": 2019, "summary": "Barratt purchased Oregon Timber Frame, a major UK timber-frame manufacturer and supplier, increasing vertical integration in construction materials.", "tags": [ "mna" ], "isScandal": false, "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" } ], "encyclopedia": { "history": "Barratt Developments began in Newcastle upon Tyne in 1958 as Greensitt Brothers, founded by Lawrie Barratt and Lewis Greensitt. Barratt's initial interest in housebuilding followed his purchase and development of land near Newcastle. The business expanded from a local builder into a national housebuilder, became Greensitt & Barratt and was listed on the London Stock Exchange in 1968. After Greensitt's departure, it was renamed Barratt Developments in 1973.\n\nThe company grew quickly during the 1970s through acquisitions, notably Arthur Wardle and Janes. Its national advertising and focus on starter homes, part-exchange and first-time buyers helped create a recognizable consumer brand. By the year ending June 1983, it had sold around 16,500 homes and was the UK's largest housebuilder.\n\nBarratt's growth was followed by criticism. Two ITV World in Action programmes in 1983 and 1984 questioned aspects of its timber-framed houses and starter-home activities. Sales subsequently declined considerably. The company undertook a broad restructuring, abandoned timber-framed construction in its principal housing range, revised its product portfolio and focused more heavily on trade-up customers. It also developed Barratt American in California during the 1980s, later selling the overseas business through a management buyout in 2004.\n\nThe early-1990s recession caused another serious downturn and brought Lawrie Barratt back from retirement to lead the business. The company increased production and re-emphasised first-time buyers. During the housing expansion of the late 1990s and early 2000s, competitors consolidated, and Barratt followed in 2007 by acquiring Wilson Bowden for approximately £2.7 billion. The transaction added David Wilson Homes, Ward Homes and Wilson Bowden Developments and made Barratt the largest UK housebuilder by output.\n\nThe financial crisis then produced a sharp contraction. Barratt renegotiated its financing, recorded a write-off of nearly £600 million and eliminated about 700 jobs in 2009. In the following decade it developed new partnerships and supporting businesses. Barratt Residential Asset Management was formed in 2012 to provide not-for-profit property-management services on Barratt London developments and was sold to FirstPort in 2019. Barratt also bought Oregon Timber Frame in 2019.\n\nFrom 2020, the group placed greater emphasis on carbon reduction, modern methods of construction and future zero-carbon housing. It set science-based targets and stated ambitions to deliver zero-carbon homes from 2030 and achieve net zero across the business by 2040. In 2024, Barratt agreed to acquire Redrow. Following regulatory review and completion, the combined company became Barratt Redrow plc on 7 October 2024. The enlarged group retained the Barratt, David Wilson and Redrow consumer brands and continued operating as a UK-focused residential developer.", "milestones": [ { "year": 1958, "title": "Greensitt Brothers is founded", "summary": "Lawrie Barratt and Lewis Greensitt establish the Newcastle-based housebuilding business that becomes Barratt Developments.", "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "year": 1968, "title": "London Stock Exchange flotation", "summary": "The company, then known as Greensitt & Barratt, becomes publicly listed.", "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "year": 1973, "title": "Barratt Developments name adopted", "summary": "Following Lewis Greensitt's departure, the company is renamed Barratt Developments.", "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "year": 1983, "title": "Record annual home sales", "summary": "Barratt sells approximately 16,500 homes in the preceding twelve months and becomes the UK's largest housebuilder.", "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "year": 2004, "title": "Barratt American is sold", "summary": "The group's US subsidiary is sold through a management buyout as Barratt concentrates on its UK operations.", "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "year": 2007, "title": "Wilson Bowden acquired", "summary": "Barratt acquires Wilson Bowden, bringing the David Wilson Homes and related businesses into the group.", "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "year": 2009, "title": "Financial restructuring after the crisis", "summary": "The company records a major write-off and reduces its workforce while restructuring its finances.", "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "year": 2019, "title": "Oregon Timber Frame acquired", "summary": "Barratt acquires a major UK timber-frame manufacturer.", "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "year": 2020, "title": "Carbon and net-zero targets announced", "summary": "Barratt sets science-based reduction targets and announces ambitions for zero-carbon homes from 2030 and a net-zero business by 2040.", "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "year": 2024, "title": "Redrow combination completed", "summary": "Barratt completes its acquisition of Redrow and becomes Barratt Redrow plc.", "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" } ], "products": [ { "name": "Barratt Homes", "category": "Residential development", "description": "Barratt Homes is the group's principal mainstream housebuilding brand. It develops new-build houses and apartments for a broad range of buyers, including first-time purchasers, families and customers moving up the housing ladder. Developments are delivered across multiple UK regions and typically combine standardized house types with locally adapted layouts, tenure mixes and public-realm designs.", "launchedYear": null, "status": "active" }, { "name": "David Wilson Homes", "category": "Residential development", "description": "David Wilson Homes entered the group through the 2007 Wilson Bowden acquisition. It is positioned toward larger family homes and higher-specification regional developments than the core Barratt Homes offer, although the precise mix varies by location. The brand operates across numerous UK markets and remains one of Barratt Redrow's principal consumer-facing businesses.", "launchedYear": null, "status": "active" }, { "name": "Barratt London", "category": "Urban residential development", "description": "Barratt London develops housing and mixed-use residential schemes in Greater London. Its projects include apartments, houses and larger regeneration-led developments, often delivered with local authorities, housing associations or other partners. The business has also been associated with dedicated estate-management arrangements for completed London developments.", "launchedYear": null, "status": "active" }, { "name": "Redrow", "category": "Residential development", "description": "Redrow became part of Barratt Redrow through the 2024 acquisition. The brand is retained as a major housebuilding identity within the enlarged group and contributes residential developments across the UK, including family housing, larger planned communities and schemes incorporating affordable housing.", "launchedYear": null, "status": "active" }, { "name": "Wilson Bowden Developments", "category": "Commercial property development", "description": "Wilson Bowden Developments is the group's commercial-property arm. It develops UK employment, industrial and mixed commercial sites, including the Optimus Point project at Glenfield in Leicestershire. The business complements Barratt Redrow's residential land and development activities.", "launchedYear": null, "status": "active" }, { "name": "Oregon Timber Frame", "category": "Construction manufacturing", "description": "Oregon Timber Frame manufactures timber-frame components for housebuilding. Barratt acquired the business in 2019, adding manufacturing capacity and supply-chain control through facilities in Selkirk and Derby.", "launchedYear": 2019, "status": "active" } ], "campaigns": [ { "year": 2020, "name": "Science-based carbon reduction and zero-carbon homes programme", "markets": [ "United Kingdom" ], "summary": "Barratt announced science-based carbon-reduction targets, an ambition to build zero-carbon homes from 2030 and a net-zero business target for 2040. The programme was supported by experimentation with energy-efficient designs and modern construction methods.", "outcome": "Long-term sustainability programme", "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" } ], "scandals": [ { "year": 1983, "title": "World in Action criticism of timber-frame housing", "summary": "An ITV World in Action programme criticised aspects of Barratt's timber-framed housing. A second programme the following year addressed starter homes. The publicity was followed by a major decline in sales and a company restructuring.", "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "year": 2019, "title": "Leasehold house sales investigation", "summary": "The CMA investigated alleged mis-selling connected with leasehold houses. It closed the investigation in 2022, stating that a successful legal case was unlikely and noting that Barratt had changed its practices and no longer sold leasehold houses.", "sourceUrl": "https://www.gov.uk/cma-cases/housebuilding-companies-and-the-sale-of-leasehold-houses" }, { "year": 2020, "title": "Citiscape and concrete-frame defects", "summary": "During cladding-remediation work at Citiscape in Croydon, defects were found in the reinforced-concrete frame. Reviews identified similar issues at additional developments, producing substantial remediation obligations and the temporary rehousing of residents.", "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "year": 2024, "title": "CMA information-sharing investigation", "summary": "The CMA investigated Barratt and other housebuilders over alleged sharing of commercially sensitive information that could affect site build-out and new-home prices. The investigation concerned possible competition-law breaches and did not by itself establish liability.", "sourceUrl": "https://www.gov.uk/government/news/cma-launches-investigation-into-housebuilding-sector" } ], "decisions": [ { "year": 2007, "type": "mna", "title": "Acquire Wilson Bowden", "context": "The UK housebuilding market was consolidating and Barratt had not made a major acquisition for almost three decades.", "action": "Barratt acquired Wilson Bowden for approximately £2.7 billion, adding David Wilson Homes, Ward Homes and Wilson Bowden Developments.", "aftermath": "The transaction restored Barratt's position as the UK's largest housebuilder by scale.", "financials": { "metric": "Acquisition value", "before": null, "after": "£2.7 billion", "period": "2007", "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, "competitorReactions": [], "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "year": 2020, "type": "strategy", "title": "Commit to lower-carbon construction", "context": "The housebuilding sector faced increasing pressure to reduce operational and embodied carbon.", "action": "Barratt set science-based targets and announced ambitions for zero-carbon homes from 2030 and a net-zero business by 2040.", "aftermath": "The group expanded sustainability experimentation through projects such as Energy House 2.0, Hanham Hall and Kingsbrook.", "financials": null, "competitorReactions": [], "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "year": 2024, "type": "mna", "title": "Combine with Redrow", "context": "Barratt and Redrow sought greater scale in a UK market affected by mortgage costs, planning constraints and weaker housing demand.", "action": "Barratt agreed to acquire Redrow for approximately £2.5 billion and completed the transaction after shareholder and competition review.", "aftermath": "The enlarged group became Barratt Redrow plc and planned integration through office closures, supply-chain consolidation and combination of central functions.", "financials": { "metric": "Acquisition value", "before": null, "after": "£2.5 billion", "period": "2024", "sourceUrl": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, "competitorReactions": [], "sourceUrl": "https://www.gov.uk/cma-cases/barratt-developments-plc-slash-redrow-plc-merger-inquiry" } ], "sources": [ { "title": "Barratt Redrow", "url": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "title": "Barratt Developments plc / Redrow plc merger inquiry", "url": "https://www.gov.uk/cma-cases/barratt-developments-plc-slash-redrow-plc-merger-inquiry" }, { "title": "Housebuilding companies and the sale of leasehold houses", "url": "https://www.gov.uk/cma-cases/housebuilding-companies-and-the-sale-of-leasehold-houses" } ], "needsReview": false }, "sources": [ { "title": "Barratt Redrow", "url": "https://en.wikipedia.org/wiki/Barratt_Redrow" }, { "title": "Barratt Developments plc / Redrow plc merger inquiry", "url": "https://www.gov.uk/cma-cases/barratt-developments-plc-slash-redrow-plc-merger-inquiry" }, { "title": "Housebuilding companies and the sale of leasehold houses", "url": "https://www.gov.uk/cma-cases/housebuilding-companies-and-the-sale-of-leasehold-houses" }, { "title": "CMA information-sharing investigation", "url": "https://www.gov.uk/government/news/cma-launches-investigation-into-housebuilding-sector" } ], "jsonLd": [ { "@context": "https://schema.org", "@type": [ "Organization", "Brand" ], "@id": "https://worldbrand.ai/brand-wiki/barratt-developments#entity", "name": "Barratt Redrow", "url": "https://worldbrand.ai/brand-wiki/barratt-developments", "description": "A British residential property developer and housebuilding group operating across England, Wales and Scotland.", "sameAs": [ "http://www.barrattdevelopments.co.uk/", "https://en.wikipedia.org/wiki/Barratt_Redrow", "https://www.wikidata.org/wiki/Q591090" ], "foundingDate": "1958", "founder": { "@type": "Person", "name": 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