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21 October 2025

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Persimmon acquires land promotion business

4 days Persimmon has acquired Warwickshire-based planning promotion company, Lone Star Limited.

Persimmon said the acquisition of Lone Star Limited (LSL) enhanced its strategic land function.

LSL will continue to operate as a land promotion business, led by managing director Richard Burke, with a focus on securing medium to large strategic sites and expanding the pipeline in attractive locations.

Persimmon deputy UK managing director Liam Scott said: 鈥淭his investment strengthens Persimmon鈥檚 strategic land platform and supports our broader growth ambitions. By combining Lone Star鈥檚 expertise with our own, we can unlock new land opportunities, creating long-term value for our partners, stakeholders and communities.

鈥淎nd importantly, by retaining Lone Star鈥檚 experienced team we鈥檙e ensuring continuity and enhancing our ability to deliver on Persimmon鈥檚 growth plans.鈥

Lone Star Limited managing director Richard Burke said: 鈥淭his partnership provides the opportunity to leverage Persimmon鈥檚 scale and expertise, building on our existing long-standing relationships. I look forward to working with colleagues and customers alike to identify and accelerate both existing and new opportunities in the years ahead.鈥

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