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Don't have an account? Click here to register.Belvoir Lettings buys Maitland Rachel
Fri, 04th Jul 2014 17:47
Belvoir Lettings has purchased lettings and estate agent Maitland Rachel in Hereford.Maitland Rachel will be combined with the franchise owner's current agencies. The acquisition will be financed by a loan from Belvoir head office, funded through existing cash facilities and will more than double the size of the franchisees property portfolio. Mike Goddard, Chairman and Chief Executive, said: "This acquisition is another example of Belvoir's strategy to support our Franchisees as they expand their businesses in their local areas whilst also expanding the Belvoir brand across the UK. With a number of more acquisitions currently in the pipeline we look forward to updating the market on our progress of further expanding our network."RD
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