Henry Boot to take total control of Stonebridge Homes

Henry Boot has unveiled plans to take full ownership of regional house builder Stonebridge Homes Group.
Boot will acquire the 50% share it does not own from its JV partner in three tranches over the next five years with a basic purchase price of £30m plus performance linked payments.
Tim Roberts, Chief Executive Officer, Henry Boot, said: “This transaction represents an important strategic milestone for Henry Boot, allowing us to acquire full ownership of a high growth builder of pre