Housebuilding firm Glenveagh acquires Wicklow timber firm

Glenveagh indicated that the acquisition will help it focus on delivering homes mainly in Dublin and the surrounding area.

Irish housebuilding firm Glenveagh acquired Wicklow-based timber manufacturer Harmony Timber Solutions Limited with the aim of building increasing residential property building.

Glenveagh claims the deal will help it deliver 3,000 homes a year as Harmony creates 450 timber housing frames each year. The deal will also grow Glenveagh’s staff by 50 people.