Fastflow Group and United Living have merged to create a £400m turnover business specialising in affordable homes and related utility networks.
The enlarged group will retain the existing contracting companies under their separate brands with existing contracts unaffected.
But the merger will allow the Group to provide a broadened maintenance and development capability across in the property sector.
United CEO Ian Burnett will step down but stay on as an advisor to the enlarged Group remain as an advisor to the Group, with Fastflow Chairman and CEO Neil Armstrong taking overall CEO responsibility.
“The reasons for combining these two great businesses are simple and compelling.
Enlarged maintenance and new housing capability will benefit clients and our people, safeguarding jobs and providing more opportunities to progress within the group,” said Armstrong.
“By harnessing commitment and talent and by working together, investing time and money to drive improvement, we will take the business to the next level,” he said.
With turnover topping £137m, Fastflow Group is an independent provider of essential services to the utilities and property sectors employing over 600 people are employed on sites throughout the UK, improving and managing a broad range of client assets.
United Living has 65 years of experience in the sector, United Living amongst the leading providers of new and refurbished homes UK wide.
The Group employs 540 people with a turnover of £275 million.
Between them the companies delivered 1,263 new homes in 2018.
In addition, 29,895 planned maintenance jobs were completed and 47,100 short notice responsive repairs were carried out.
Pictured: Neil Armstrong (right) and Ian Burnett