27/01/2014

Mivan To Cease Trading

Construction company Mivan has announced that is to cease trading.

The Antrim-based firm was placed in administration earlier this month, with 98 of its 289 employees being made redundant.

An additional 144 redundancies were announced today.

It is understood that some staff will be retained to assist administrators finalise remaining contracts.

The company had been in talks with Lagan Group Holdings over a possible takeover deal, but they ended without agreement.

(MH/JP)

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