THE High Court has made an order winding up five companies in the Whelan group, one of the largest concrete suppliers in the country, after the directors of the companies yesterday withdrew their petition for examinership. The directors said they “profoundly regretted” that some 120 jobs will be lost.

THE National Assets Management Agency is opposing the appointment of an examiner to five companies in the Whelan Group, one of the largest concrete products suppliers in the country employing 120 people. The High Court will hear the petition for examinership on Friday.