YORK based estate agency group Hunters has added 23 branches to its national network through the acquisition of another firm.

Hunters, which opened its first office in York in 1992, has acquired Country Properties as part of its drive to increase its portfolio to more than 500 branches in five years time.

Sales and lettings agents Country Properties was founded in 1974 in Hitchin, Hertfordshire.

Later, under managing director Ian Wilson, the company grew into a successful franchised operation, Country Properties Network, being the first estate agency network to be recognised by the British Franchise Association in 1984, establishing strongholds in Hertfordshire, Bedfordshire and Cambridgeshire.

Glynis Frew, managing director of Hunters, which has its head office in Eboracum Way, said: "We are delighted to add such a reputable and well established group of branches to the Hunters network.

"The two companies share the same set of values and are united in our commitment to the franchise model that we feel produces higher levels of customer service and return.

"The acquisition allows Hunters to expand our presence and reach into new areas and to welcome a group of industry accredited branches with professional and knowledgeable franchise partners to our network.

"The majority of the Country Properties branches are in the top three for market share for sales and several hold the top spot."

Ian Wilson, managing director of Country Properties, said: "We echo the strong sentiments and driving forces behind Hunters and are pleased to be part of such a dynamic and expanding network.

"There is great synergy between the two businesses; the move will add value to our customers, help our franchise partners to grow revenue and potentially create further opportunities for growth in the area which is great news."

The 23 Country Properties operations will continue to be managed by Mr Wilson.

Last year the Hunters network grew by 37 new locations and the number of Hunters branches now stands at 157.