Tuesday, February 28, 2024
Kenmore Homes Group buys Hamilton Holdings
Edinburgh based Kenmore Homes Group has announced the acquisition of the Glasgow development and building businesses of Hamilton Holdings.
The £6m cash purchase has been financed through a fresh £25.8m package from Bank of Scotland Corporate and will see Hamilton Homes and AB Hamilton transferred to Kenmore's ownership.
The number of Scottish sites in which Kenmore operates will rise from three to eight, with Hamilton adding locations in St Boswells, Bothwell, the village of Middleton south of Edinburgh, and two sites in Glasgow. Kenmore is currently active on sites in Paisley, Greenock and Edinburgh.
The £6m cash purchase has been financed through a fresh £25.8m package from Bank of Scotland Corporate and will see Hamilton Homes and AB Hamilton transferred to Kenmore's ownership.
The number of Scottish sites in which Kenmore operates will rise from three to eight, with Hamilton adding locations in St Boswells, Bothwell, the village of Middleton south of Edinburgh, and two sites in Glasgow. Kenmore is currently active on sites in Paisley, Greenock and Edinburgh.
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