Press Releases

Lauristons strengthens market position by acquiring Woollens of Wimbledon


16 January 2014

Lauristons, a leading independent estate agent with offices across South West London, today announced it has completed the acquisition of Wimbledon based estate agency ‘Woollens of Wimbledon’.

Woollens of Wimbledon’s twenty three year heritage and local knowledge complements Lauristons established service offering in Residential Sales, Lettings, Property and Block Management across South West London.  The acquisition also reinforces Lauristons commitment to invest in firms who share the same values.

Matthew Payne, Lettings Director, Lauristons said: “This is a fantastic opportunity and can only enhance the Lauristons brand. By continuing our drive to quickly grow the business, we are able to further develop our position in our local market places.”  Under the terms of the acquisition, Lauristons will take full ownership of Woollens of Wimbledon and all their staff will be based in Lauristons new Merton Park office. 

The deal was made possible, after Angela & Duncan Howitt who founded Woollens approached Matthew after recognising that both firms shared common principles – one of which is to provide a bespoke service tailored to the client.

This is the second acquisition in the last 12 months for Lauristons, with further projects on the horizon. Matthew continues by saying “We’ve made no secret of the fact that we’re keen to develop a two pronged expansion strategy where we are looking to open new offices to compliment  our current locations as well as looking to acquire lettings and estate agency businesses in South West & South East London.” 

Lauristons are themselves part of the LSL plc group of companies who are funding this acquisition program. 

 
 
Press Enquiries:
 
Sarah Hopgood
Sarah.Hopgood@lauristons.com

Matthew Payne
Matthew.Payne@lauristons.com


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