Business
Court cases, funding announcements, investments, payouts, criminal activity, and more – if it’s about construction, we’ll cover it.
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MSUITE announced this week that it has been acquired by Stanley Black & Decker – the world’s largest tool company.
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The firm is looking to double its UK headcount to over 20 employees by year-end, and will establish offices in London and Birmingham.
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CITB announced it will be investing over £233m across UK construction, primarily focused on securing construction’s talent pipeline.
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The funding will boost product development and expand the Buildots team, particularly in the US where it looks to triple its headcount.
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The investment of approximately A$40m (£22.5m), including growth capital, was led by Adrian Kerley and Bora Han from IFM Investors.
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The company will use the fresh funds to expand its team, grow its product offerings, and accelerate manufacturing of its robotic solution.