Cairngorm Capital, a specialist private investment firm, completed the acquisition of Grant & Stone, an independent builders’ merchant. Financial terms were not disclosed. “We welcome the investment and support from Cairngorm Capital. Our company is at a really exciting point in its development and is ready to capitalize on the numerous growth opportunities available to it. We have ambitious plans to fulfill but also the advantages of exceptional products, first-rate employees and a well-deserved reputation for superior service. I am looking forward to the next phase of our development,” Nick House, Grant & Stone Chief Executive.