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Taylor Wimpey
Taylor Wimpey plc (formerly Taylor Woodrow plc) is a home construction company in the United Kingdom. The company was created from the merger of rivals Taylor Woodrow and George Wimpey on 3 July 2007. Its headquarters are based in High Wycombe, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Taylor Woodrow was founded in 1921 by 16-year-old Frank Taylor as Taylor, Woodrow Limited. Though Taylor had borrowed money to build two houses in Blackpool, as he was too young to form his own company, his uncle Jack Woodrow lent his name to the business.
In the 1930s, Taylor Woodrow diversified into building temporary hospitals, and thereby moved into general construction. Taylor Woodrow Homes constituted a relatively small part of the business, and with housing sales declining in the following 50 years, at the beginning of the 1980s, Taylor Woodrow Homes was still only building around 500 to 600 houses a year.
In January 2001, Taylor Woodrow acquired Bryant Group, a business founded in Birmingham in 1885 by Chris Bryant, for £556 million, and in October 2003 Taylor Woodrow acquired Wilson Connolly in a cash and shares deal worth £499 million.
George Wimpey was founded by George Wimpey and Walter Tomes as a stone-working partnership in 1880 in Hammersmith. Tomes would later sell his portion of the business in 1893.
George Wimpey died in 1913 at the age of 58, with his family putting the business up for sale in 1919. Godfrey Mitchell bought the firm and decided to retain the Wimpey name. George Wimpey completed its first residential development, the Greenford Park Estate, in 1928.
In the 1970s, George Wimpey became the United Kingdom's largest private housebuilder, selling 106,440 homes in the decade, and in the 1980s, George Wimpey began to reinforce Wimpey Homes as a brand, focusing on compact housing.
In March 1996, George Wimpey acquired McLean Homes, a business founded in 1934 by John McLean, from Tarmac. In August 2001, the business acquired McAlpine Homes from Alfred McAlpine in a £463 million deal, and in October 2002, George Wimpey went on to acquire Laing Homes, a premium housebuilder, from John Laing for £295 million.
Taylor Wimpey
Taylor Wimpey plc (formerly Taylor Woodrow plc) is a home construction company in the United Kingdom. The company was created from the merger of rivals Taylor Woodrow and George Wimpey on 3 July 2007. Its headquarters are based in High Wycombe, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Taylor Woodrow was founded in 1921 by 16-year-old Frank Taylor as Taylor, Woodrow Limited. Though Taylor had borrowed money to build two houses in Blackpool, as he was too young to form his own company, his uncle Jack Woodrow lent his name to the business.
In the 1930s, Taylor Woodrow diversified into building temporary hospitals, and thereby moved into general construction. Taylor Woodrow Homes constituted a relatively small part of the business, and with housing sales declining in the following 50 years, at the beginning of the 1980s, Taylor Woodrow Homes was still only building around 500 to 600 houses a year.
In January 2001, Taylor Woodrow acquired Bryant Group, a business founded in Birmingham in 1885 by Chris Bryant, for £556 million, and in October 2003 Taylor Woodrow acquired Wilson Connolly in a cash and shares deal worth £499 million.
George Wimpey was founded by George Wimpey and Walter Tomes as a stone-working partnership in 1880 in Hammersmith. Tomes would later sell his portion of the business in 1893.
George Wimpey died in 1913 at the age of 58, with his family putting the business up for sale in 1919. Godfrey Mitchell bought the firm and decided to retain the Wimpey name. George Wimpey completed its first residential development, the Greenford Park Estate, in 1928.
In the 1970s, George Wimpey became the United Kingdom's largest private housebuilder, selling 106,440 homes in the decade, and in the 1980s, George Wimpey began to reinforce Wimpey Homes as a brand, focusing on compact housing.
In March 1996, George Wimpey acquired McLean Homes, a business founded in 1934 by John McLean, from Tarmac. In August 2001, the business acquired McAlpine Homes from Alfred McAlpine in a £463 million deal, and in October 2002, George Wimpey went on to acquire Laing Homes, a premium housebuilder, from John Laing for £295 million.
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