Construction News

28/08/2007

Fermanagh Steel Company Sold For £90m

A Fermanagh-based steel fabricator company is to be sold to a British firm for £90 million.

North Yorkshire company Severfield-Rown PLC has agreed to buy Fisher Engineering, which is owned by brothers Ernie and Ivan Fisher.

The company has also announced its 250 staff currently employed in Ballinamallard will be retained by the new owners.

-- Advertisement --

Severfield-Rowan is expected to improve Fisher’s revenue and profit performance.

The Fisher’s are expected to be the biggest beneficiaries of the transaction, with a share of £60 million, according to reports from the Irish Times.

The company is viewed as one of the country's leading steel fabricators in Europe. It's projects include Belfast's Castle Court Shopping Centre, the Odyssey Arena and the Waterfront Hall.

The acquisition will cost Severfield-Rowen £23.5 million, including the assumption by the company of a term loan of around £8.6 million, of which £14.9 million will be in cash.

(JM/SP)

News Archive

Latest Construction News

17/07/2026

€200,000 For Cork Town Centre Improvements

Cork County Council has allocated almost €200,000 in grant funding to property and business owners across the county to support improvements to town centre properties. A total of 145 applications were submitted under the 2026 Streetscape Enhancement Scheme, with funding of €199,208.85 awarded to 11

17/07/2026

Plans Approved For £250m Kensington Olympia Mix...

MRP has secured planning permission for a £250m redevelopment of Liberty House at Kensington Olympia, following approval by the London Borough of Hammersmith & Fulham’s Planning Committee. The project will deliver 110,000 sq ft of Grade A office space and a four-star, 371-bedroom Maldron hotel, pr

17/07/2026

Major Step In Cromcastle Court And Old Coalyard...

Dublin City Council has marked a key milestone in the regeneration of Phase 1 at Cromcastle Court and the Old Coalyard site in Coolock, Dublin 5, with the official start of demolition works. Lord Mayor of Dublin Daryl Barron officiated at the event, which signals the beginning of on-site activity t

17/07/2026

Water Supply Restored To Cavan Town Customers F...

Water supplies are returning to customers in Cavan Town after a major leak on a water main at Billis Reservoir caused outages and reduced pressure on Wednesday evening. Uisce Éireann crews successfully isolated the leak and completed repair works on Thursday morning. Reservoir levels are now recove

17/07/2026

What Should I Expect From After Builders Cleaning?

If you've just had building work done, here's the honest answer: "the builders cleaned up" and "the space is actually ready to use" are two completely different things. Most disappointment with after builders cleaning comes down to not knowing what should be included — so here's what a proper job ac

17/07/2026

Minister Browne Publishes Mid-Year Update On Go...

Minister for Housing, Local Government and Heritage, James Browne TD, alongside Minister of State for Local Government and Planning, John Cummins TD, and Minister of State for Older People and Housing, Kieran O'Donnell TD, has published the Mid-Year Progress Report 2026 on the implementation of the

17/07/2026

£440,000 Resurfacing For A2 Ballywalter Road In...

Infrastructure Minister Liz Kimmins has announced a carriageway resurfacing project on the A2 Ballywalter Road in Millisle, beginning Monday 27 July 2026. The works will cover 1.1 kilometres of asphalt resurfacing from Drumfad Road to a point beyond Ballywiskin Road, aimed at improving the road’s d

17/07/2026

BIM Start-Up Hillside Designs Plots Expansion A...

Swatragh-based digital construction start-up Hillside Designs is gearing up for significant expansion as it approaches its first year in business. Founded by Fintan O'Kane with support from the government-backed Go Succeed business support service, the company was established to meet growing demand

17/07/2026

£420,000 A6 Glenshane Road Resurfacing To Begin...

Infrastructure Minister Liz Kimmins has confirmed a £420,000 carriageway resurfacing project on the A6 Glenshane Road at Curran will get under way on Monday 27 July. The scheme will cover around 1km of road between the Knockloughrim Link Road and Lurganagoose Road junctions. Minister Kimmins said:

17/07/2026

£450,000 Resurfacing Set For B7 Chapel Hill In ...

Infrastructure Minister Liz Kimmins has announced a £450,000 carriageway resurfacing scheme on the B7 Chapel Hill Road in Mayobridge, beginning on Monday 27 July 2026. The project will cover 1.6 kilometres across two stretches: an urban section from the roundabout to just beyond Chapel Car Park, an