Rockwood Strategic (LON: RKW) has acquired a 8.75% stake in window ventilators and parts manufacturer Titon Holdings (LON: TON). Rockwood Strategic’s focus is companies valued at less than £250m with potential for unlocking value.
The stake was acquired on 30 May when the share price was 81p. It has subsequently risen to 86p. Part of the stake appears to have come from the MI Sterling Select Companies Fund which has sold all its shareholding.
Rockwood Strategic was previously known as Gresham House Strategic and was gong to be wound up after Gresham House was dropped as investment manager. Gre...
