16/05/2014

Former Chief Executive Saves Business From Receivership

A construction firm's former chief executive has saved almost 400 jobs by taking over two of the firms businesses that had been placed in receivership.

Raymond Acheson has acquired Acheson & Glover Limited and Acheson & Glover Precast Limited, two parts of a single overall business that had been placed in receivership on 2 May 2014.

The acquisition will allow the companies to continue trading as normal with no impact on staff, customers and suppliers.

Mr Acheson had previously run the Tyrone-based businesses for 30 years.

(MH/JP)

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