Caribbean Investment Holdings completed the merger with Normandy in a £27m deal.

Caribbean Investment Holdings, a holding company, completed the merger with Normandy, a strategic investment company, which was incorporated and registered in Bermuda, in a £27m deal. The board of CIHL believes that in the current uncertain economic climate, the acquisition of Normandy will strengthen the company’s balance sheet, and will enhance the company’s ability to execute its strategy of exploring further synergistic acquisition opportunities in the Caribbean region.