Private equity firm buys majority stake in Premier Modular

By Jim Dunton2021-02-08T11:12:00

Cabot Square Capital says covid has driven surge in offsite construction

Investment firm Cabot Square Capital has acquired a majority shareholding in offsite construction specialist Premier Modular, which is currently working on a range of schemes including the construction of covid-19 testing sites.

Premier Modular last month said pre-tax profit was up 23.2% to £7m on turnover up a quarter at £65.7m in the year to June 2020.

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