A luxury housebuilder behind a string of multimillion-pound properties across Cheshire and Greater Manchester has undergone a management buyout backed by Nikal Group.
Hillcrest Homes has now been brought under the Nikal umbrella although it will continue to trade as a limited company. Michael Kennedy, managing director of Hillcrest Homes, remains at the helm alongside his existing Hillcrest team.
Hillcrest Homes was established in 1985 as part of Warrington-based construction group Cruden. Kennedy joined in 2002 as sales director, stepping up to the managing director role a year later.