HOUSEBUILDER Persimmon has bought a business in the South-East for £35.7m.

York-based Persimmon has acquired Hillreed Homes which has a landbank of around 3,400 plots.

Mike Farley, group chief executive at Persimmon, said: "Hillreed's focus on high quality family housing is highly complementary to our existing Persimmon, Charles Church and Westbury Partnerships brands and its attractive landbank adds to our already strong regional business in the important south east market. 

"The acquisition of Hi......for the full story register now for free or login below...