Thirteen buy Gus Robinson Developments

[the_exile]

Thirteen Homes acquires 100% of £25m turnover Hartlepool developer

Gus Robinson Developments Limited has been acquired by Thirteen Homes, a subsidiary of Thirteen Group.

Hartlepool-based Gus Robinson Developments Limited is a regional building contractor, delivering construction and building services. It employs around 50 people.

With revenues for its current financial year forecast to be in the region of £25m, the company has delivered construction projects for many clients, from local authorities and health trusts, to private businesses and registered housing providers.

Among its recent projects is The Staithes, South Shields, a 37-property development, including six bungalows for older residents.

Stephen Bell, managing director of Gus Robinson Developments, said: "Over the last five years, the business has become a major delivery partner to affordable housing providers and private developers in the North East.

"This work will continue and as part of Thirteen Group, I have no doubt that the business will continue to go from strength to strength.

"Thirteen Group have an exciting development programme and the team at Gus Robinson are looking forward to delivering many new homes for Thirteen Group, as well as other organisations, over the coming years."

Thirteen Homes has acquired 100 per cent of the business, which will continue to be based in Hartlepool. It will trade as Gus Robinson Developments Ltd, where it will be operated by its existing management team in partnership with Thirteen Homes.

The acquisition of Gus Robinson Developments, which has a long-standing trading relationship with Thirteen, will enable Thirteen to increase its building activity in the North East and North Yorkshire.

Gus Robinson Developments will still provide contracting construction and building services to current and potential new customers such as housing associations, housebuilders and local authorities as well other organisations across the region.

Ian Wardle, CEO of Thirteen Group, concluded: "As one of our long-standing construction partners, we have always been impressed with the quality of homes delivered by Gus Robinson Developments.

"We are convinced that as part of Thirteen, the company will flourish further and play a more significant role in the development of the North of England's housing requirements for us and other organisations that need construction and building services."

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[Inspector Knacker]

When our council housing stock was lumped into Thirteen, just what did we actually get for it, in money terms?

[the_exile]

Don't have my logarithm tables too hand, so I am unable to calculate the square root of jack s@*t

[The Great Dictator]

   We got nothing, they took on the debt and 8000 decaying housing stock.

[Inspector Knacker]

Whose genius idea was that, Mr Micawber?