The group denied speculation that Taywood and Bryant's construction arms, which have a turnover of £511m and £110m respectively, would be hived off once the takeover was wrapped up.
A Taywood spokesperson said: "That's not on the radar. There are no immediate plans to sell our construction arm." He said Taywood was drawing up plans to integrate Bryant's construction arm into the group.
"We believe it [construction] adds value. Clearly housing and property are our core businesses, but construction is performing very well," he said.
Sources close to the company said Taywood's construction arm would be needed to augment its housing business, which is increasingly taking on brownfield development.
Mike Foster, an analyst with stockbroker Granville Baird, said the news was not a surprise because Bryant's construction arm was small, localised and successful.
Meanwhile, Taywood has continued the process of integrating Bryant with a management reshuffle. The principal victims of this are Bryant chief executive Peter Long and finance director Patrick Scannell.
Paul Phipps, Taywood's executive director, is to become managing director of the housing arm. This will combine both housebuilding businesses under the Bryant brand, a structure that Taywood chief executive Keith Egerton has said will maximise UK housing returns.
The new company will build 6000 homes a year and will have a turnover of £845m. It is to be based at Bryant's headquarters in Solihull, West Midlands, with 12 regional offices, instead of 19. Insiders are predicting 150 job losses.
Nick Smith, Bryant's technical services managing director, has survived the clean-out and will become operations manager for Bryant Homes. He will be responsible for integrating the housebuilders.
Approval for the merger is awaited from the Office of Fair Trading, which has called for comments on the Bryant purchase, and Taywood shareholders, who will meet on Monday.
n Persimmon's takeover of Beazer took another step towards completion this week when Persimmon announced that it had posted its £537m offer to Beazer shareholders and had called a meeting of its own shareholders.
