Hedge fund takes 73% stake in SMC

By Helen Crump Helen Crump Helen Crump 2008-01-18T00:00:00

“Everything is in play again. Growth through acquisitions will be pursued” - Rodney Walker

SMC Group is set to begin a round of new acquisitions after hedge fund Ironshield Special Situations Master Fund took a 73% share in the business, becoming the majority shareholder.

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