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28/02/2008
Rotary In £100m Takeover
A Northern Ireland building services company is to be taken over by an Australian firm in a multi-million pound transaction.
It has emerged that the Co Antrim based company, Rotary Group, will be bought by the Australian Hastie Group in a deal worth almost £100 million.
Rotary, which is based in Newtownabbey, employs 2,000 people around the world.
It specialises in the provision of services such heating, ventilation and air-conditioning systems.
The company will continue trading under its own name and the existing management team will remain in place under the new ownership.
(VB/JM)
It has emerged that the Co Antrim based company, Rotary Group, will be bought by the Australian Hastie Group in a deal worth almost £100 million.
Rotary, which is based in Newtownabbey, employs 2,000 people around the world.
It specialises in the provision of services such heating, ventilation and air-conditioning systems.
The company will continue trading under its own name and the existing management team will remain in place under the new ownership.
(VB/JM)
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Northern Ireland WeatherToday:A few fog patches at first, soon clearing to leave a dry day with some patchy cloud and good sunny spells. Light and variable winds. Feeling mild in sunny spells. Maximum temperature 14 °C.Tonight:Dry and quite chilly overnight under prolonged clear spells and light winds. This will allow a few fog patches to develop in places. Minimum temperature 2 °C.
