- Persimmon plc
company_name = Persimmon plc
company_type = Public (lse|PSN)
foundation = 1972
York, England, UK
key_people = John White, Executive Chairman
industry = Housebuilding
revenue = £3,014.9 million (2007)
operating_income = £657.3 million (2007)
net_income = £413.5 million (2007)
num_employees = 4,349 (2006)
homepage = [http://www.persimmonhomes.com www.persimmonhomes.com]
Persimmon plc (lse|PSN) is a British housebuilding company, headquartered in
York, England, at a building called Persimmon House. The Company is named after a horse which won the 1896 Derby and St. Leger for the Prince of Wales. It is listed on the London Stock Exchange, and is a constituent of the FTSE 250 Indexas of 23 June 2008. cite web|url=http://www.ftse.com/Media_Centre/Press_Releases/2008/20080611_Invensys,_Ferrexpo,_Petrofac_&_Drax_Group_to_Join_FTSE_100.doc |title=Invensys, Ferrexpo, Petrofac and Drax Group to Join FTSE 100 |accessdate=2008-06-14 |date=2008-06-11 |format=DOC |publisher= FTSE Group]
Persimmon was founded by Duncan Davidson in 1972. [http://corporate.persimmonhomes.com/psn/aboutus/history/ Persimmon: History] ] It was first listed on the
London Stock Exchangein 1985.
In 2001 it acquired "Beazer Homes UK", for £537.5m, then the largest house builder in the UK. The deal came about after Beazer and Bryant announced a 'merger of equals' to create a new house builder called Domus. [ [http://news.bbc.co.uk/1/hi/business/1118351.stm Persimmon to enter Beazer race] ] However,
Taylor Woodrowstepped in with a £556m bid for Bryant, and Persimmon bought Beazer, a company named after its founder Brian Beazer, and originally started in Bath. The acquisition of Beazer brought with it Charles Church, a business founded by Charles and Sussana Church in 1965.
In January 2006 Persimmon acquired
Westbury plc, another listed UK house builder, for a total consideration of £643 million. [ [http://news.bbc.co.uk/1/hi/business/4465540.stm UK Housebuilders announce tie-up] ]
Persimmon Homes is the UK's third largest house builder by volume, after
Barratt Developmentsand Taylor Wimpey. It builds homes under the Persimmon homes, Charles Church and Westbury Partnerships brands. [ [http://corporate.persimmonhomes.com/psn/aboutus/profile/ Persimmon: Corporate Profile] ]
Charles Church is a well known builder of high end executive houses.
* [http://www.persimmonhomes.com/ Official site]
* [http://www.charleschurch.com/ Official Charles Church site]
* [http://corporate.persimmonhomes.com/ Persimmon Homes Corporate Website]
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