Black Country estate agents is sold
A Black Country chain of estate agents has changed hands but all 31 of its staff will keep their jobs.
Connells, one of the UK's largest and most successful estate agencies and part of the Connells Group, has bought Paul Dubberley estate agents from property investment company Bond Wolfe.
Paul Dubberley has been going for 24 years and offers the full range of property services – sales, lettings, property management, conveyancing, mortgage services – from its five branches in High Street, West Bromwich; Great Bridge, Tipton; Walsall Street, Wednesbury; New Road, Willenhall and Walsall Street, Bilston.
Following the acquisition Paul Dubberley will continue to trade under its existing brand name with all 31 employees retained.
The addition of the branches takes Connells' high street network total to nearly 180 branches.
Connells is celebrating its 80th anniversary this year,
"We are delighted to integrate such a successful and well-known local business such as Paul Dubberley into the Connells network," said Elizabeth Brown, divisional managing director at Connells.
"This acquisition allows us to further strengthen our position in the local market, extends our market leading services to even more customers and enables Paul Dubberley to continue to grow as part of a wider group. We welcome the Paul Dubberley team to Connells," she added.
Lee Morton, managing partner at Paul Dubberley, said: "We are thrilled to join Connells and confident that the move will both significantly boost the Paul Dubberley business and help us to continue the growth achieved over recent years.
"This marks the next step in the development of Paul Dubberley and the strength, expertise and support provided by Connells will enable us to further enhance our service and gives us the confidence that our vendors and landlords will continue to be given the best service possible."
The purchase is part of a wider initiative by Connells' parent company the Connells Group to grow its national network of branches and extend its regional footprint through acquisitions and a programme of new branch openings.
Connells is urging other sales and lettings businesses in the region to get in touch and discuss possibilities for acquisition.
