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Acquisitions, People, Stagecoach, All of UK
Stagecoach's Souter makes £9.5m investment in yacht firm
Stagecoach chief executive Brian Souter has made a £9.5m personal investment in luxury yacht manufacturer Sunseeker International.
The group's founder is amongst a consortium of UK and Irish investors that have acquired a majority £25m stake in the Poole-based firm.
Dublin-based investment house FL Partners has handled the deal which will allow Sunseeker to recapitalise its business and expand its manufacturing capacity.
When asked about Souter's involvement, a spokesman for...
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