The sale is conditional upon the approval of Kier shareholders and, if the deal is agreed, the business will be wholly owned by Terra Firma and we will launch a new brand - Tilia Homes.
The announcement does not in
any way change our activities on our developments. Properties will be built by
the same team to the same high standards and with the same focus on providing
the best possible service to our customers. The terms of our existing two-year
Kier Living warranty will remain the same and the 10-year NHBC warranty that
comes with every home is also unaffected.
We look forward to sharing
further updates with you in due course.