Macbryde rebrands following buyout
The housebuilder has changed its name to Castle Green Homes following a takeover by managing director Gwyn Jones and plans to quadruple its output over the next five years.
By rebranding as Castle Green Homes, the firm hopes to “capture the company’s strong 35-year history and signal its commitment to deliver homes fit for the future in line with the Government’s green revolution pledge”, a company statement said.
Jones completed the buy-out of Macbryde Homes in September, a deal backed by long-term finance partner Bridgemere UK, owned by former Redrow chairman Steve Morgan.
The multimillion-pound deal saw Macbryde’s co-owners Simon and Ruth Macbryde sell their shares in the company.
Jones, who was appointed managing director in 2018 after four years with the firm, said: “We’re all excited at the prospect of rapidly increasing the number of new homes we build and becoming a major force in the region.
“Alongside this growth we are fully committed to offering a market-leading customer journey and being the homebuilder of choice for new home buyers.”
Castle Green’s North Wales division has just moved into new offices at St Asaph Business Park, doubling the size of its previous premises. The business is also moving into a second office at Preston Brook, close to Runcorn.
The company is on site at schemes totalling 84 homes in Holt and Denbigh in North Wales.