Romans acquires Drummonds

The Romans Group last week announced another significant step in its expansion strategy with the acquisition of Drummonds in Caversham. Expanding its portfolio of estate and letting agencies has been high on the agenda for the Romans Group with seven successful acquisitions already under its belt over the past year or so and a £12 million finance facility from its bankers available for more business purchases. “Romans’ recent growth and ongoing success made it clear to me that this would be a smooth move that would really benefit my clients,” said John Grimes, Founder of Drummonds. “Their experience in the local market place really stood out to me and I know everyone will value the state of the art facilities and extensive advertising campaigns Romans offer from their Caversham branch.” The Caversham-based agency is now fully-incorporated into the Romans Caversham branch which has been established in the town since 2009. Many of the agents have worked in Caversham for over a decade and have vast knowledge of the local property market. As all acquired agencies, the team at Drummonds will now benefit from investment in Information Technology, training, intensive marketing and the numerous services also available to customers on top…