The Hut Group swoops for UK2
Cheshire-based online retailer The Hut Group his bought web-hosting specialist UK2 from private equity firm LDC.
LDC is offloaded the London company six years after shelling out £47m for a majority stake in the company.
TGH’s headcount now adds up to above 600 following the addition of London-based UK2.
Its founder and chief executive Matthew Moulding said: "This is a significant technology investment to support our growth plans and provide a world-class proprietary ecommerce platform and infrastructure to increase capacit... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
