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Acheson & Glover
Acheson & Glover is to be sold out of administration by BDO to a newly-formed company, saving about 200 jobs at its Tyrone-based concrete manufacturing business.
Acheson & Glover is to acquire some of the precast concrete operations of Readymix for £33m, including 300 staff at sites in Co Tyrone, Co Down, Somerset and Glasgow.
Acheson & Glover is to invest £7m in the expansion of its Northern Ireland-based building materials business, in order to double turnover to £100m by 2012.
Acheson & Glover is investing £5m in a new construction materials plant at Belcoo in Co Fermanagh and a further £5m on a paving factory in Fivemiletown.