Sheffield-based Henry Boot Construction Limited has acquired a majority shareholding in Derbyshire-based Starfish Commercial Limited for a nominal sum.
Starfish is a housing contractor and established supplier to several housing associations and local authorities. It has offices in offices in Chesterfield and Ellesmere Port.
“The company’s position as an established provider of affordable and social housing enables Henry Boot Construction Limited to take a step into this new operational area,” said Henry Boot.
Simon Carr, managing director of Henry Boot Construction Limited, said: “Henry Boot Construction look forward to working with Starfish Commercial and their management team.
“Starfish have an exceptional reputation in the social housing market with a number of long term relationships and repeat clients.
“We believe we can help Starfish grow and continue to deliver high quality housing for both its existing clients and for new partners.
“Further, we also believe this acquisition will provide a presence in a very exciting and growing market that is an excellent fit for us”.
Martin Gerrelli, director of Starfish Commercial Limited, added: “Henry Boot Construction Limited and the wider group have an excellent industry reputation and we are looking forward to working closely with Simon and his team in the accelerated delivery of multi tenure sustainable housing with our current partners and potential target clients.”