LONDON, UK: Peabody Capital and Catalyst Housing Limited announced that their merger process is complete.
Catalyst Housing Limited and its subsidiaries have joined together with the Peabody Group, creating an organisation with 104,000 homes and around 220,000 customers in London and the home counties. They join initially as a subsidiary with the intention to move to full integration by April 2023.
Lord Kerslake is the Chair for the new organisation and Ravi Rajagopal is the Vice-Chair. The newly combined organisation is led by Ian McDermott, with Sarah Thomas taking up the role of Chief Operating Officer.