31/01/2014

Foster Welcomes Mivan Deal

Enterprise, Trade and Investment Minister, Arlene Foster, has welcomed the announcement by MJM Marine Group that it has bought Mivan out of receivership.

Arlene Foster said: "MJM Marine Group's decision to buy Mivan and to continue to run it as a separate entity is good news for the construction industry and for the Antrim area.

"Mivan had an excellent reputation and was renowned for its export success and it was a dreadful blow when challenging operating circumstances led to the firm going into administration. I have kept in close contact with the administrator since the announcement was made and I welcome this positive outcome.

"As part of its plans to maintain and further develop the Mivan brand, MJM Marine Group will re-employ around 50 of the Antrim company's highly skilled staff."

(CD/JP)

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