Sale of Linden Homes
Linden Homes and Galliford Try have reached an agreement on terms of offers by Galliford Try, to acquire the entire issued share capital of Linden Homes for £108.5 million in cash, and will also assume Linden’s debt.
The Linden Board believes the combination of housebuilding businesses of Galliford Try and Linden Homes would create a significant business. It will position Galliford Try amongst the top ten listed housebuilders in the UK. There are no current plans to close any Linden Homes regional offices and a minimal number of redundancies are expected.
Galliford Try will retain the Linden Homes name in the south east of England, and also change the Try Homes businesses to operate under the Linden Homes banner. Linden Homes offices in Bristol and Southampton will also continue to trade as Linden Homes.
Linden Homes Chief Executive Philip Davies intends to remain in place for six-months to oversee the integration of the business.
© 2025 News On The Block. All rights reserved.
News on the Block is a trading name of Premier Property Media Ltd.