Connells has become the UK’s largest estate agency group by officially adding Countrywide to the group’s business.
The deal takes the total number of combined high street branches to over 1,200 between the two brands and provides long term financial stability for Countrywide, ‘bringing years of uncertainty to a close’, Connells claims.
Countrywide will continue to trade under its existing brand and keep its surveying and asset management businesses as separate entities to provide choice and competition, but with Connells Group delivering investment into technology and people to improve service offerings.
Connells Group CEO, David Livesey, said: “This is an extraordinary day in the proud history of both companies, bringing together a formidable team of property professionals to create the most successful business seen in our sector. Our companies have a long, shared history, competing healthily on the high street and in the industry, and sharing many of the same attributes – a clear strategy to be market leader, to move the property industry forward and to keep our customers and clients at the heart of our activities. We look forward to welcoming all our new colleagues into Connells Group, working together on our exciting future and turning Countrywide around for our shared success.”
In other news, the estate agency chain has also acquired Yorkshire-based Holroyds, a well-established family business offering sales, lettings and mortgage services across its three branches in Baildon, Keighley and Bingley.
All offices will continue to trade under the Holroyds brand and sit within the Connells Group Sequence business.
Chris Holroyd, Managing Director who heads up the estate agency alongside Julie Holroyd, Director and Branch Manager comments: “Julie and I are thrilled to be joining the team. This significantly propels our offering to another level for both our current clients and new, as well as keeping our family-run feel. We can’t wait to get started and look forward to growing the Holroyds brand over the years to come. This is also a fantastic opportunity for our brilliant team who will now have additional career opportunities.”