Rydon completes management buyout

Jan. 25, 2006
Sussex based Rydon Group has successfully completed a management buyout. The company, that includes Rydon Homes, began the buyout process back in February 2005 after the principal shareholders decided to sell all of their shareholding. Bob Bond, new group chief executive, said: “This is the best possible result for the company and its employees. Rydon has been extremely successful over the years and we do not see any need for significant changes. Rydon Homes is an integral and important part of the Group’s future plans and we look forward to consolidating and building on our strong reputation for developing exceptional quality homes throughout the region.”

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