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Birmingham Post
Birmingham Post
Business
Laura James

Merger sees launch of new £100m housing group for Staffordshire and Shropshire

Two West Midlands organisations have officially merged to form a £100 million housing, care and property business.

Housing Plus Group and Stafford and Rural Homes completed the deal at the start of the month.

The merged group comprises landlords Severnside Housing, South Staffordshire Housing Association and Stafford and Rural Homes. It also includes Care Plus, Severn Homes, Property Plus and Housing Worx.

The newly-formed company will own and manage around 18,000 homes and employ 800 staff.

Chief executive Sarah Boden celebrated the first day of the merged group with staff at the Stafford and Rural Homes office in Beaconside, Stafford.

She said: “Separately, our organisations do fantastic work in our communities. Together, we will do more.

“We are setting out today with a very clear objective to change lives, shape communities and create real opportunities for the employees who make that possible.”

Housing specialist law firm Anthony Collins Solicitors acted as joint advisor on the merger.

Partner Gemma Bell said: “This merger is set to have a huge impact at local level. By increasing capacity and sharing skills, Housing Plus Group and Stafford and Rural Homes will be able to expand their services, improving more people’s lives.

“Both organisations share a commitment to putting the community first – a belief that as a firm we echo through our social purpose.

“We look forward to supporting the group as it enters this exciting new chapter.”

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