Announced

Wates to acquire Liberty from ForHousing.

Synopsis

Wates, family-owned construction, development and property services companies, agreed to acquire Liberty, a construction engineering company, from ForHousing, a housing association. Financial terms were not disclosed. “We’ve been actively seeking a specialist property support business to expand and strengthen our existing expertise in the social housing sector, and extend our range of services into the areas of heating and compliance, as well as renewable energy services. In Liberty, we’ve found the strategic fit we were looking for, so I’m delighted to be able to make this announcement,” David Morgan, Wates Property Services Executive Managing Director.

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