#United States #Rockville #Brightland Homes #Sumitomo Forestry #DRB Group

Sumitomo Forestry Merges Brightland Homes into DRB Group

In a significant strategic move, Sumitomo Forestry America, Inc. has announced the consolidation of Brightland Homes into The DRB Group (The Development & Residential Building Group), marking a pivotal shift in the U.S. homebuilding industry. As of April 1, this merger will officially take effect, enhancing the operational capabilities and market presence of the DRB Group, which is based in Rockville, Maryland.

The Strategic Importance of the Merger

This decision by Sumitomo Forestry is more than just a simple merger; it aims to reshape the overall landscape of the homebuilding industry by integrating two prominent homebuilders. With ownership stakes in five major U.S. homebuilders, Sumitomo's strategic intention is to bolster the DRB Group's footprint, particularly in key growth markets across Texas, Arizona, Colorado, Tennessee, and even expanding operations in Florida by adding a presence in Jacksonville.

The consolidation will elevate the DRB Group’s operational scale, expanding its capabilities to include:

• - 19 Divisional Operations in 14 States
• - 1,500 Employees
• - Nearly 9,000 Home Settlements Expected in 2025

This expansion showcases DRB Group's ambition to establish itself as a leading contender in the national homebuilding market.

Leadership Commentary

Ronny Salameh, the CEO of DRB Group, expressed profound appreciation for the confidence shown by Sumitomo Forestry in their management.