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A Bovis Homes development near Southampton. Bovis Homes’ origins lay in the early post-war housing operations of Bovis Holdings (see also Bovis Construction).Bovis had been acquiring housing land in the early 1950s but the level of housebuilding was modest until 1967 when it acquired Frank Sanderson’s Malcolm Sanderson Developments and the much larger RT Warren. [3]
In 1997, Bovis Homes was spun off and floated on the London Stock Exchange. [13] [14] Around this time, Bovis was often regarded as the largest construction company in Britain, although this position was hotly contested by competing firms. [15] [16] One such competitor was Mace, which was founded and initially led by a former Bovis employee ...
During September 2019, discussions with Bovis Homes about a possible sale were reopened; [56] that same month, a preliminary deal, valued at £1.075bn, was reportedly agreed. [57] Sale of the housing business would permit the recapitalisation of Galliford Try's construction business, which, following restructuring, would employ some 3,400 staff ...
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A major urban extension of 2,000 houses, of which ca.35% would be affordable was proposed by Bovis Homes in July 2008 at the adjacent Collingtree Park and it is likely to begin construction in 2015. [ needs update ] In 2013 a large two million sq foot warehouse was proposed along a large section of the south side of the M1 at Collingtree with a ...
Four months into his retirement Fitzgerald was offered the position of CEO of Bovis Homes. The company was in financial trouble owing to poor customer relations – having moved people into new houses which were not finished or had defects. [4] His appointment headed off acquisition bids by fellow top-10 UK housebuilders Galliford Try and Redrow.