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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

UK housebuilders Vistry Group and Countryside to merge in £1.3bn deal

Roof workers building new houses
Vistry built more than 6,500 homes in 2021, while Countryside built nearly 5,400. Photograph: Rui Vieira/PA

Two of the UK’s largest housebuilders are to merge after Vistry Group agreed a £1.3bn cash and shares deal to take over smaller rival Countryside.

The deal would represent a victory for two US activist investors in Countryside, Browning West and Inclusive Capital Partners, which have been pushing for a sale of the company.

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