Connells completes Countrywide acquisition

Connells Group has completed the acquisition of Countrywide, solidifying its position as the UK’s largest estate agency and property services provider.

The deal will see Countrywide continue to operate in the same way, trading under its existing brands and maintaining its branch network, with Connells Group delivering investment in technology and people. Countrywide will also keep its surveying and asset management businesses which will continue to trade as separate entities.

Led by Connells group ceo David Livesey, the combined group will see management from both companies come together and be responsible for the day-to-day operation of Countrywide “and deliver the integration activity to drive a rapid turnaround of the business” the firm says.

Livesey said: “This is an extraordinary day in the proud history of both companies, bringing together a formidable team of property professionals to create the most successful business seen in our sector. Our companies have a long, shared history, competing healthily on the high street and in the industry, and sharing many of the same attributes – a clear strategy to be market leader, to move the property industry forward and to keep our customers and clients at the heart of our activities. We look forward to welcoming all …