WH Ireland Group said it welcomes new shareholder Kuwaiti European Holding Group, and is looking forward to working with it in order to accelerate the growth opportunities across the company.
CEO Richard Killingbeck said:
"The Board and I are very pleased to welcome our new shareholder in WH Ireland.
"KEH Group has an exciting plan for growth within its existing financial services companies in the Gulf states and the UK.
"WH Ireland expects to be able to help support this growth from both of its divisions and to benefit from the financial resources within KEH Group to develop and accelerate growth plans at the Company."
At 9:18am: (LON:WHI) W.H. Ireland Group PLC share price was -10p at 117.5p