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Elaghmore buys building envelope cladding company

U.K.-based Elaghmore acquired the entire shareholding of Architectural Glazing Ltd., marking the eighth investment for the private equity firm's Elaghmore I fund.

The acquired business, which comprises English Architectural Glazing Ltd., or EAG, and Multifab Ltd., specializes in building envelope cladding packages. EAG plans to increase its preconstruction operations following the acquisition.

EAG said Elaghmore will work with the company's directors and existing management team to develop its resources and capacity.