Banner Homes has been acquired by CALA Group

The Banner Homes management announced the rollover of their equity interests into the enlarged CALA Group, UK’s major upmarket home builder. Financial terms of this transaction have not been disclosed.

Founded in 1975 in Beaconsfield, Banner Homes operates from 21 sites across three regional operational centers in the northern Home Counties, the southern Home Counties and the Midlands.

CALA Group focuses on upmarket, family homes within affluent locations in the south of England, the Midlands and Scotland.

Oaklins Smith & Williamson, based in the UK, advised the seller in this transaction.