Northern Ireland's Mivan falls into administration

摘要

Contractor and fit-out specialist Mivan, one of Northern Ireland's best known construction firms, was placed into administration last week but is continuing to trade as "all options" for its future are assessed, writes Allister Hayman. The move to appoint administrator Deloitte came last week and followed the failure of merger talks between Mivan and fellow Northern Irish construction firm Lagan Group Holdings. Mivan, which is based in County Antrim and employs 289 workers, specialises in high-end fit-outs and overseas contracting, but was hit by unsuccessful forays into overseas property development in recent years, prompting a restructure.