M&G completed the acquisition of a majority stake in Greencore Construction.

M&G, a saving and investment business company, completed the acquisition of a majority stake in Greencore Construction, a construction services provider. Financial terms were not disclosed. With this investment, Greencore can scale to have a transformational impact on sustainable housebuilding standards in this country. The built environment is one of the biggest emitters of carbon, both in construction and occupation, but we’ve shown it doesn’t have to be this way. Our homes are sustainable to build and sustainable to live in, which is becoming more important than ever as energy prices continue to spiral," Ian Pritchett, Greencore Construction Managing Director.