Investment firm Cabot Square Capital has acquired a majority shareholding in offsite construction specialist Premier Modular, which is currently working on a range of schemes including the construction of Covid-19 testing sites.

Premier Modular last month announced it had made profit before tax of £7.0m on turnover of £65.7m in the year to June 2020. Profit was up 23.2% on 2019 against a 24.6% increase in turnover.

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