Onward Homes has completed the demerger with Cobalt Housing. The North-West based housing provider, Onward will continue to maintain a good working relationship with the Liverpool based organisation, its close neighbour and partner.
Onward Chief Executive, Bronwen Rapley, said ‘We wish Cobalt every success as they begin their journey as an independent organisation. We are confident that they can continue build on the fantastic improvements that they have made and look forward to working with them in the future.’
The demerger brings Onward Homes’ management total to 35,000. The organisation recently announced plans to build 1,600 new homes across the North West over the next 5 years and invest £200m in its communities.