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Housing Today
Trusted media brand of the Chartered Institute of Housing
Exclusive: Former CEO left Avant due to fears over reduction in quality
Colin Lewis says he’s ‘not prepared to be part of the new Avant’ following takeover
The former chief executive of Avant Colin Lewis left the firm due to fears its new owner was determined to dumb down the product and reduce quality, Housing Today can reveal.
Housing Today revealed on Friday that Lewis left the £450m turnover housebuilder late last month following its April takeover by SME Berkeley deVeer, in a deal spearheaded by former Persimmon chief executive Jeff Fairburn.
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