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Announced

Hillhouse Group completed the acquisition of Skene Group.

Synopsis

Hillhouse Group, a Troon-based supplier of construction materials and services, completed the acquisition of Skene Group, a Fife-based operator in the construction supply sector. Financial terms were not disclosed. "Hillhouse Group and Skene Group Construction Services Ltd are strikingly similar in a variety of ways; family businesses founded in Scotland, with strong community roots, shared values, and aspirations to deliver excellent services to the construction sector," Robert McNaughton, Hillhouse Group CEO.

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