Modular Housing Manufacturer MMY US acquired by UK-based Reds10 Group

Investment creates a platform to expand the delivery of high-quality, modular affordable housing across the United States

LOUISVILLE, Ky., Oct. 26, 2026 /PRNewswire/ -- Reds10 Group, a collection of UK-based vertically integrated construction, manufacturing and specialist services businesses, has today announced its expansion into the United States through a strategic investment in MMY US, acquiring a majority stake in the vertically integrated modular housing specialist.

Established over 20 years ago, Reds10 Group has pioneered new approaches to industrialised construction for defence, education, justice, healthcare, and housing to deliver better buildings faster, smarter and more sustainably.

The investment brings together two businesses with a shared vision to industrialise construction and deliver high-quality, sustainable and affordable homes for the people and communities that need them most. Reds10 Group's capital platform, support, expertise, technology and capacity will enable MMY to execute its secured pipeline while expanding its operations across the US in the years to come.  

"This investment marks an important step for Reds10 Group, giving us a presence in the world's largest economy through a business that shares our values and ambition," said Paul Ruddick, CEO of Reds10 Group. "MMY has built an impressive platform, with a strong pipeline, established local partnerships and an innovative approach to housing. By combining its US market expertise with our capability across design, manufacturing, construction and technology, we are creating a powerful platform for growth and, most importantly, for delivering more high-quality, affordable homes."

MMY is a vertically integrated design, manufacturing and construction company that builds permanent, code-compliant modular homes, completing approximately 85% of construction off site. Homes can be delivered in as little as eight weeks, roughly five times faster than traditional construction.

Its customizable designs range from single-family homes to four-story, 72-home developments. MMY's single-family homes have earned LEED Platinum certification, while the rest of its product line targets LEED Gold or higher.

MMY currently operates from a manufacturing facility in Louisville, Kentucky, and is preparing to redevelop the 185,000-square-foot historic Wellman-Seaver-Morgan Engineering Company Building at 7000 Central Avenue within Cleveland, Ohio's Midline District, into a state-of-the-art construction modular housing manufacturing facility. Earlier this year, MMY was selected by the City of Cleveland and the Site Readiness for Good Jobs Fund as the city's preferred modular housing manufacturer.

Robin Bartram Brown, CEO of MMY US, added, "Joining Reds10 Group marks an important strategic milestone for MMY and the next stage of our US growth strategy. The combination of our local market knowledge and delivery capabilities with Reds10 Group's experience in industrialised construction will significantly increase our own production capacity, improve delivery efficiency and expand the not only the volume, but the range and type of projects we can undertake to bring much needed housing solutions to the market."

City of Cleveland Mayor Justin M. Bibb continued, "By bringing decades of modular construction experience and an established international network to this project, Reds10's investment in MMY strengthens our ability to turn the Cleveland facility into an international hub for housing production. Just as importantly, this investment creates more opportunities for Cleveland residents through good-paying jobs, workforce development and a stronger local manufacturing base."

Jeff Epstein, President and CEO, Port of Cleveland, continued, "This investment is an important vote of confidence in Cleveland and in the future of advanced manufacturing in our region. MMY's growth will help transform a long-vacant industrial property into a productive asset, create quality jobs, and expand the capacity to deliver much-needed housing. We are pleased to support efforts that strengthen Northeast Ohio's economy while creating pathways to opportunity for residents and neighborhoods across our community"

The deal takes Reds10 Group to 14 companies and increases its workforce to over 1,000 people. The Group will now operate manufacturing facilities across the UK and US totalling approximately 640,000 square feet.

About Reds10 Group

Reds10 Group is a newly established group structure bringing together a family of 14 vertically integrated construction, manufacturing and specialist services businesses, united by a shared mission to industrialise design, production and construction.

Led by founder Paul Ruddick, Reds10 Group exists to drive the wholesale industrialisation of the built environment, with AI embedded at every stage of the development lifecycle. The Group brings critical capabilities in‑house across design, manufacture, fabrication, installation, fit out, M&E, hire and logistics, enabling greater control, efficiency and quality across complex projects.

At the heart of the Group sits Reds10, the award‑winning off‑site construction specialist, alongside its sister companies operating across modular hire, interiors, apprenticeships, FF&E, lifting and installation, fabrication and specialist manufacturing. Together, the Group delivers high‑quality, sustainable buildings for the public sector, with a particular focus on defence, education, justice, health, temporary accommodation and affordable housing.

About MMY USA Inc. 

MMY US is a vertically integrated design, manufacturing and construction company specialising in advanced off-site construction. The company delivers sustainable, high-performance modular buildings through an integrated approach that combines innovative design, precision manufacturing and construction delivery.

MMY US partners with governments, cities, institutions and community organizations to expand housing supply and strengthen communities, while also developing its own Rent-to-Own residential communities that deliver long-term social, economic and environmental value. 

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SOURCE Reds10 Group