<p><span>Bovis Homes has completed its acquisition of Galliford Try’s Linden Homes and Partnerships and Regeneration businesses and announced a new name for the enlarged housebuilder.</span><span></span></p> <p><span>The £1.1 billion deal was agreed in November, which consists of a combination of shares in Bovis and cash, and the transfer to Bovis of GT’s </span><span>£100 million debt placement.</span></p> <p><span>It will, according to Bovis, create a top five national housebuilder with the ability to deliver more than 12,000 homes over the medium term, giving Bovis a prime position in the partnerships market.</span></p> <p><span>As part of the new structure, the company said it would today (January 3) apply to change its name to Vistry Group. This new corporate moniker, it explained, would be used for both the enlarged housebuilding and partnerships businesses, but with the Bovis Homes and Linden Homes brands remaining - “maximising the opportunities from dual branding.”</span></p> <p><span>The completion of the deal also sees Graham Prothero become the expanded company’s chief operating officer, having vacated his ceo post at GT.</span></p> <p><span>Greg Fitzgerald, Bovis’ ceo, said: "I am delighted that we have completed the exciting and transformational acquisition of the Linden Homes and Partnerships & Regeneration businesses of Galliford Try plc.</span></p> <p><span>“The combination of …
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