Construction News

15/10/2014

Mears Buys Omega Group For £20m

Mears has bought Omega Group for £20 million.

Omega is a provider of residential lettings and management services, providing around 1,700 properties to 24 Local Authorities and Housing Associations.

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David Miles, Chief Executive of Mears, said: "I am delighted to welcome Omega to the Mears family. The shortage of safe and secure housing is a significant challenge faced by many local authorities who can struggle finding homes of a consistent and uniform standard."

(CD/MH)

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