British construction company United Living and asset maintenance company Fastflow Group have merged to form a company worth 400 million pounds ($510 million).
The merger is expected to allow both firms to boost their presence and prominence in the property sector by increasing their maintenance and development capacities.
The deal will enable Fastflow to expand its maintenance and development capability across the sector and allow it to be better equipped to meet the demand for well-maintained housing.
United Living noted that the transaction will enhance the geographical coverage and offering for customers by providing a fully integrated service from development through to build and maintenance of the whole project.