Kuwaiti European Holding (KEH) has acquired a 23.1% stake in wealth management firm WH Ireland, the company said today.
WH Ireland said it will use the undisclosed capital to accelerate growth 'across the company'. Chief executive Richard Killingbeck said: "The Board and I are very pleased to welcome our new shareholder in WH Ireland. KEH Group has an exciting plan for growth within its existing financial services companies in the Gulf states and the UK. "WH Ireland expects to be able to help support this growth from both of its divisions and to benefit from the financial resources within KEH Group to develop and accelerate growth plans at the Company." WH Ireland was fined by the Financial Conduct ...
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