Connaught acquires Baldwin
Social housing company sold in a deal worth £8.7m
Connaught has acquired Baldwins, the social housing asset company, in a deal worth £8.7m.
Baldwins, based in Leeds, is comprised of three companies A Baldwin, Apollo Plant and AB Electrical Ltd and has offices in Leeds, Harrogate, Bradford and Teesside.
The company, which has over 500 employees, will continue to trade under its existing name and its namesake founder Peter Baldwin will remain within the business.
Connaught is now set to become dominant in the Yorkshire and North of England regions in providing services to social landlords will now have approximately 2000 employees in the north and over 4000 nationwide.
Peter Jones, managing director for Connaught, Northern Region, said: “Baldwins enhances our regional capability in providing a full range of asset management services to our social housing clients and will be a strong addition to our Northern regional business, which has grown successfully over the past 10 years.
“We look forward to sharing best practice with the management and employees of Baldwins and both companies learning from each others success to date.
“In addition, we will be able to provide all the added benefits we can offer as a large national organisation to the workforce and staff of Baldwins.”
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