Romans, one of the busiest agents this year in terms of acquisitions, has snapped up another firm - Drummonds in Caversham.
Expanding its portfolio of estate and letting agencies has been high on the agenda for the Romans Group with seven successful acquisitions already under its belt since 2013 and a £12m finance facility from its bankers available for more business purchases.
John Grimes, founder of Drummonds, says Romans' growth this year made it clear to me that this would be a smooth move that would really benefit my clients, accentuated by the fact that everyone will value the state of the art facilities and extensive advertising campaigns Romans offer from their Caversham branch.
Romans has been established in Caversham since 2009. As with most recent acquisitions, Drummonds will receive investment from Romans in IT, training, marketing and other services.
The Romans Group says it is actively looking to expand into new locations alongside its 22 existing branches in Berkshire, Buckinghamshire, Hampshire and Surrey.
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