Section: Housing Associations

Catalyst and Aldwyck announce merger talks

Posted 24.09.18
Catalyst Housing: Article link

Catalyst and Aldwyck Housing Group have entered formal merger talks. A merger would create a housing provider with over 30,000 homes across London and the Home Counties.

Bringing together the two organisations is expected to deliver a shared vision of exceptional customer service and increased development opportunities.

It will increase the supply of homes in London and the Home Counties with a combined intention of building at least 1,300 homes each year.

It is expected Aldwyck will join Catalyst as a subsidiary early in the new financial year, followed by a Transfer of Engagements as soon as practicable.

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Bolton at Home and Arcon Housing Group to join in a group structure

Posted 10.09.18
Bolton at Home: Article link

Bolton at Home has made an offer to Arcon Housing Group to join them in a group structure, which Arcon Housing Group has accepted. Both parties are now looking to make that a reality as it will support their joint plans to increase housing supply in the north-west.

The discussions are in their early stages however the Boards of both of the Greater Manchester housing associations have given their support.

In a joint statement, Jon Lord, CEO of Bolton at Home Limited, and Bernard Gallagher, CEO of Arcon Housing Group, said:

"This strategic partnership has mutual benefits and plays to our respective strengths. Both our organisations are top rated for robust governance and financial stability.

"We are both already working together as part of the Greater Manchester Housing Providers' Group and are ambitious to jointly deliver the new homes our region needs at even greater pace than we may be able to do individually.

"The new formed Group's development programme would enable its specialist development team to deliver more than 1300 homes by 2023."

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Updated 24.09.18

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