Well-known estate agency acquires historic rival amid redundancy rumours

Chase Buchanan has completed the acquisition of independent West Drayton estate agency R Whitley & Co, expanding its footprint across South West London, where it operates 15 branches alongside its network in the South West of England. However, the deal has been overshadowed by rumours of potential redundancies.

It is understood that a number of roles – possibly up to 35 – could be at risk, following speculation that some members of staff were placed into a consultation process earlier this week.

While it remains unclear which positions may be affected, Chase Buchanan – part of Champions Group, which also owns Chestertons, Retirement Homesearch and Campions Lettings and Management – has been approached for comment amid claims that employees have entered consultation.

In response, a spokesperson for Chase Buchanan told EYE: “After undertaking a strategic review of its business, Chase Buchanan has announced that it has recently completed the acquisition of R Whitley & Co, an independent estate agency based in West Drayton, and is currently reviewing its wider portfolio.”

R Whitley & Co employs a 12-strong team and has a long history dating back to 1938. The business is led by partners Rich and Chris Whitley, although it remains unclear what roles they will assume following the acquisition. EYE has requested further information about the deal.

 

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2 Comments

  1. Fromrichmond

    AI strikes again

    Report
  2. Southie

    Guess Emeria have solved that going concern issue then. They need to get their accounts loaded onto companies house

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