Barratt Redrow plc is a UK-based housebuilding and commercial property development company formed through the 2024 merger of Barratt Developments plc and Redrow plc. The company offers a broad portfolio of residential properties under four main consumer brands: Barratt Homes, Barratt London, David Wilson Homes, and Redrow, catering to various market segments including first-time buyers, families, and upscale buyers across England, Scotland, and Wales. In addition to residential construction, Barratt Redrow operates Wilson Bowden Developments, which develops commercial properties such as industrial, office, retail, and leisure spaces, supported by Oregon Timber Frame, a timber frame manufacturing subsidiary with factories in Selkirk and Derby. The company was founded in 1958 (Barratt) and 1974 (Redrow) and is headquartered in Coalville, Leicestershire.
In 2024, Barratt Redrow completed a £2.5 billion all-stock acquisition of Redrow, creating one of the UK’s largest housebuilders with an annual target output of over 22,000 homes, a substantial increase from previous individual outputs. Post-merger, the company has undertaken substantial operational consolidations including closure of multiple divisional offices, centralization of support functions, and supply chain optimization, aiming for significant cost savings estimated at around £100 million annually by 2025. The integration strategy includes harmonizing procurement, expanding sales outlets leveraging a combined land bank, and launching multi-branded websites to boost sales volumes and market reach. CEO David Thomas has emphasized the focus on maintaining employee retention while driving efficiency and competitiveness through structural streamlining.
Barratt Redrow serves the UK residential market with a strong development pipeline across numerous live sites and regional divisions, supported by commercial development initiatives through Wilson Bowden. Its strategy focuses on delivering high-quality, energy-efficient homes built to rigorous standards, applying sustainability principles throughout its operations. The company reports annual revenues above £5 billion and maintains a leading position in the FTSE 100 index, marking it as a major player in the British housebuilding and property development sector.
Overall, Barratt Redrow combines the legacy and scale of its founding businesses with new efficiencies and an expanded product offering, positioning itself for sustained growth amid evolving market conditions and emphasizing innovation in construction and customer service.