Private equity baron Guy Hands purchases Kier’s £ 110m house building arm
- Kier Living was sold to Foster BidCo, a newly formed company owned by Guy Hands
- Hands is the head of the private equity firm Terra Firma, which he founded in 2002
- The sale includes over 4,600 properties and investments in joint ventures
Government entrepreneur Kier has sold his house building arm to private equity baron Guy Hands for £ 110 million.
The construction company announced the deal on Friday and agreed to sell its Keir Living