Slaughter and May advised Barratt Developments PLC on its acquisition of Gladman Developments Limited

Slaughter and May advised Barratt Developments PLC (Barratt), the UK's leading national sustainable housebuilder, on its acquisition of the land promoter Gladman Developments Limited (Gladman) for a total cash consideration of £250m on a debt free and cash free basis. Gladman operates in the UK with particular strength in the south of England. The acquisition combines Barratt's best in class housebuilding operations with Gladman's excellent land sourcing and promotion capabilities, providing greater flexibility for landowners and significantly enhancing Barratt's strategic land credentials.  

Following the acquisition, Gladman will operate as a stand-alone business within the Barratt group and continue to be led by its experienced management team, including David Gladman, Chairman and Victoria Hesson, CEO. Gladman will continue to supply land to third parties as well as provide an additional route for Barratt to source strategic land and help to promote Barratt's existing strategic land portfolio.

Slaughter and May supported Barratt’s internal legal team, led by Phebe Hemmings (Deputy Group Head of Legal).

Christian Boney Partner
Rachel Lawrence Associate
Heather Crosby Associate

Kathryn Martin Cussons / Trainee, Nick Bailey / Trainee

Gregory Ong Associate
William Watson Senior Consultant
Tomas McGrath Associate
Pensions, Employment and Incentives
Daniel Schaffer Partner
Owen Clarridge Associate
Rachel Hunter Associate
Chris Edgar Associate

Sean Lee / Traiee

Duncan Blaikie Partner
Calum Scott Associate