Persimmon invests in modular house builder TopHat

Modular house builder TopHat has raised £70m from new and existing shareholders as it prepares to open Europe’s largest modular housing factory to manufacture up to 4,000 ultra low-carbon homes a year.
House builder Persimmon and institutional investor Aviva, through its Aviva Capital Partners unit, have each made a substantial investment in the company.
Existing shareholders Goldman Sachs Asset Management also subscribed to TopHat’s latest fundraising round.Persimmon aims to e