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Birmingham Post
Birmingham Post
Business
Jon Robinson

Liverpool house builder sells 35% stake for almost £7m

Formby

A Liverpool-based house builder has received almost £7m in return for a 35% stake in the business.

TGF Capital has invested in Hassett Homes in a move the company hopes will help it grow its turnover to £30m within three years.

The business, which develops homes in suburbs including Aughton, Formby and Eccleston, is expected to report sales of £11m in its current financial year.

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