Bank consortium confirms Erinaceous acquisitions

Caley has purchased Erinaceous Insurance Services, together with Residential Management and its subsidiaries, and 3C Asset Management - formerly Erinaceous Property Maintenance - for an undisclosed amount.

In a statement, Caley said it was formed to provide the acquired businesses with long-term stability and a strong financial platform. It said it would be exploring opportunities to further develop synergies between the insurance and residential businesses, and between residential and property

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