Bryant Homes
Encyclopedia
Bryant Homes was one of the larger UK housebuilders when it was acquired by Taylor Woodrow
in 2001; Bryant then became the principal housebuilding operation of the enlarged group. Taylor Woodrow merged with Wimpey in 2007 and during 2010 the Bryant brand was phased out. The Company was first listed on the London Stock Exchange
in 1962.
as C. Bryant & Son. The founder's son, Eb, took over the business in 1928, assisted by the more experienced Frank Russon, who joined the Board at the same time. Bryant confined itself to local contracting until 1936 when the first speculative housing site was acquired. After World War II
, the company built new council housing to replace the slums in Birmingham
as well as undertaking civil engineering
work there.
Bryant resumed private housing development in the early 1950s and in 1958 Roy Davies was appointed managing director of Bryant's housing subsidiary (then Bryant Estates). Davies was responsible for the expansion of Bryant into one of the largest housebuilders in the midlands.
The late 1970s brought problems for Bryant. Summonses for corruption were issued against the Company and certain directors in 1977 and losses were incurred in Saudi Arabia in 1978: "Let’s face it, 1978 has not been our year."
Bryant had confined its housing to its midlands home territory until 1976 when it opened a small southern region, but it was not until the early 1990s that regional expansion began on a wider scale. By the end of the decade, Bryant was building over 4,000 houses a year on a national basis.
In January 2001, the company was acquired by Taylor Woodrow
. In 2007, Taylor Woodrow merged with George Wimpey
to form Taylor Wimpey
.
Taylor Woodrow
Taylor Woodrow was one of the largest British housebuilding and general construction companies. It was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index but merged with rival George Wimpey to create Taylor Wimpey on 3 July 2007.-Early years:Frank Taylor was...
in 2001; Bryant then became the principal housebuilding operation of the enlarged group. Taylor Woodrow merged with Wimpey in 2007 and during 2010 the Bryant brand was phased out. The Company was first listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
in 1962.
History
The company was founded by Chris Bryant in 1885 and initially traded in BirminghamBirmingham
Birmingham is a city and metropolitan borough in the West Midlands of England. It is the most populous British city outside the capital London, with a population of 1,036,900 , and lies at the heart of the West Midlands conurbation, the second most populous urban area in the United Kingdom with a...
as C. Bryant & Son. The founder's son, Eb, took over the business in 1928, assisted by the more experienced Frank Russon, who joined the Board at the same time. Bryant confined itself to local contracting until 1936 when the first speculative housing site was acquired. After World War II
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...
, the company built new council housing to replace the slums in Birmingham
Birmingham
Birmingham is a city and metropolitan borough in the West Midlands of England. It is the most populous British city outside the capital London, with a population of 1,036,900 , and lies at the heart of the West Midlands conurbation, the second most populous urban area in the United Kingdom with a...
as well as undertaking civil engineering
Civil engineering
Civil engineering is a professional engineering discipline that deals with the design, construction, and maintenance of the physical and naturally built environment, including works like roads, bridges, canals, dams, and buildings...
work there.
Bryant resumed private housing development in the early 1950s and in 1958 Roy Davies was appointed managing director of Bryant's housing subsidiary (then Bryant Estates). Davies was responsible for the expansion of Bryant into one of the largest housebuilders in the midlands.
The late 1970s brought problems for Bryant. Summonses for corruption were issued against the Company and certain directors in 1977 and losses were incurred in Saudi Arabia in 1978: "Let’s face it, 1978 has not been our year."
Bryant had confined its housing to its midlands home territory until 1976 when it opened a small southern region, but it was not until the early 1990s that regional expansion began on a wider scale. By the end of the decade, Bryant was building over 4,000 houses a year on a national basis.
In January 2001, the company was acquired by Taylor Woodrow
Taylor Woodrow
Taylor Woodrow was one of the largest British housebuilding and general construction companies. It was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index but merged with rival George Wimpey to create Taylor Wimpey on 3 July 2007.-Early years:Frank Taylor was...
. In 2007, Taylor Woodrow merged with George Wimpey
George Wimpey
George Wimpey was formed in 1880 and, based in Hammersmith, operated largely as a road surfacing contractor. The business was acquired by Godfrey Mitchell in 1919 and he developed it into the UK’s pre-eminent construction and housebuilding firm. In 2007, Wimpey merged with Taylor Woodrow to create...
to form Taylor Wimpey
Taylor Wimpey
Taylor Wimpey plc is one of the largest British based housebuilding companies. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index...
.