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Article: Housebuilder Yuill Homes is sold to Irish firm Taggart

Article from:
The Northern Echo
Article date:
February 8, 2006
Author:
Copyright

NORTH-EAST housebuilder Yuill Homes last night confirmed it had been acquired by an Irish-based property developer for an undisclosed sum.

Family-run company Yuill, which employs 200 people across the region, has been bought by Taggart Homes.

Despite the change of ownership, Yuill said last night that there were no plans to relocate from its Hartlepool base and the management team would remain intact.

The jobs of its 200 workers are also secure, the company said.

Neither party would release figures, only saying the deal was "substantial".

Phillip Yuill, former chairman and son of the company's founder Cecil Yuill, said: "The acquisition of Yuill Homes by Taggart Holdings offers the company ...

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