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Simonds drops Gemmill bid

Three months after announcing an option to purchase Western Australia’s eighth-biggest homebuilder, ASX-listed Simonds Group said today it would not proceed with the acquisition of Gemmill Homes.

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Revenue

53rd↓Charles Hull Contracting$87.0m
54th-Access Group Australia$80.0m
55th↑Gemmill HomesNFP
56th↓Betts Group$74.2m
57th↓Orontide GroupNFP
124 private companies - large ranked by revenue most recent financial year

Housing starts

12th↑Inspired Homes151
13th-Danmar Homes127
14th↓Gemmill Homes118
15th↑Ross North Group118
41 residential builders ranked by no. of starts (2018/2019)

Number of Employees