Management buyout at BMD secures 200 jobs

A MANAGEMENT team at BMD, a subsidiary of Cork-based construction firm the Bowen Group, has bought the company from NAMA.

As a result of the deal, 200 jobs have been secured at the engineering company.

The new owners of BMD are five members of the senior management team: John Allen, Paul Keegan, Nicholas Lynch, Frank O’Keeffe and managing director Mike Walsh.