The three group companies of D&G were placed into Administration on 27 June 2013 and the sale completed on 28 June 2013 to Norfolk-based Kudos, which has offices in Brundall, Poringland, and Great Yarmouth.
The sale sees Kudos taking over the contracts to market nearly 100 properties in and around Norwich, including those sold subject to contract and those exchanged. The sale price was undisclosed. Following the acquisition, the Hellesdon branch was re-branded and re-opened as Kudos Residential -covering NR6, NR8, NR10 and Norwich in general.
Kudos director, Chris Starkings, said: "The business is a similar size to our existing operations and now gives us the capacity to expand further into Norwich. The sale process was very fast and, to a certain extent, we had to take a risk - people are often concerned when a business enters Administration but we want to reassure clients that it is very much business as usual. We will be contacting clients shortly to ensure they receive continuity of service."
Anybody buying or selling a property and wish to discuss the arrangements are asked to contact Kudos Residential on 01603 716799.