Northern Ireland

H&J Martin taken over by Lagan Construction Group

Northern Ireland's oldest building firm H&J Martin has been taken over by another construction company.

It is thought the deal will secure the future of over 900 jobs. The move also involves another Belfast firm Lagan Construction Group.

The two companies have been in discussions for several weeks. Their combined turnover is more than £300m.

H&J Martin will continue to trade under its own name, but within the Lagan Construction Group.

Danske Bank, which was involved in financing the deal, described it as "significant".

H&J Martin, which was founded in 1840, built Belfast City Hall and the Grand Opera House.

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