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.

Management buyout at BMD secures 200 jobs
Fri, 09 Sep, 2011 - 01:00
Niamh Hennessy

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.

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CourtsPlace: CorkPlace: Little IslandPlace: Co CorkPlace: IrelandPerson: John AllenPerson: Paul KeeganPerson: Nicholas LynchPerson: Frank O’KeeffePerson: Mike WalshPerson: WalshPerson: Grant ThorntonOrganisation: BMDOrganisation: Bowen GroupOrganisation: NAMAOrganisation: BromstromOrganisation: JW O’Donovan SolicitorsOrganisation: PwC Corporate Finance
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