The Comber-based firm bought a Welsh company, Pelican Healthcare, in 2007 and the group, which has a parent firm in the Isle of Man, exports to more than 30 countries. 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Kevin and Michael Lagan grew the Lagan Group into a business with 1,000 staff and an annual turnover of 400m. Co Down man Tom Eakin (85) was running his pharmacy in Dundonald on the outskirts of east Belfast when he set up TG Eakin company in 1974 to produce medical ostomy products, particularly skin protection and wound drainage products. Breedons executive chairman Peter Tom said: Over the last eight years we have pursued a successful buy-and-build strategy which has established us as the largest independent construction materials business in the UK and the acquisition of Lagan is another strategic step for us. Belfast-born Danny Hill (76) emigrated to Australia at the age of 13 and made his fortune mining nickel in the 1970s. Two years later he was yachting in South Florida as captain on a large (for the time) motor yacht. Later he joined a marine research group in Woods Hole, MA, as Director of Ocean Programs including the sole responsibility for designing and fitting gear and machinery for low environment impact trawling. Breedon chief exec Pat Ward says Lagan is not a business where he's seeking to strip out costs but rather sees it as a platform for growth. Fort Lauderdale Motorcoach Resort and Yacht Club, with operating sponsors Gary Cioffi and Christopher Hein of Long Island, New York, bought the marina and recreational vehicle park at 2323 and 2295 West State Road 84, according to a news release from the loan brokers. LAGAN Homes Group, the house-building business owned by Kevin Lagan, has reported that pre-tax profits have almost doubled to 6.2 million, with turnover rising by 23 per cent to 95 million for . That could have lead to the group being broken up and its trading companies sold. 157, 98000 MC, 6 Christies Landing The Crossword Solver found 30 answers to "go;;gee of lagan", 3 letters crossword clue. Two years later he was yachting in South Florida as captain on a large (for the time) motor yacht. He is currently working in construction on St Kilda and he spotted the injured bird shortly after it landed on the island. The reality TV personality, 39, braved the chilly . After numerous charters, deliveries . Three of Michael's companies had profits of 13.5m on 340m of revenues for 2016/2017. The couple are keen collectors of art and artefacts, and spend most of their time in Monaco. Our innovative products are manufactured using modern methods of construction at our state of the art facility in Limavady, Northern Ireland. Lagan Aviation & Infrastructure have delivered over 60 airport projects across the globe. Thu Jul 11 2019 - 05:45. Read about our approach to external linking. View Kevin Callahan's profile on LinkedIn, the world's largest professional community. Please, The subscription details associated with this account need to be updated. Kevin (68) joined the Lagan family business in the early 1960s. Shareholders funds at his company Exile productions rose to 6.2m at April 2017. Yacht Haven Park & Marina in Fort Lauderdale sells for $58M During his time at the helm of the company, he earned 138m, which he defended, saying that an "accounting issue" made his payout look bigger. On the day of his wifes death, Kevin Lagan received a letter warning that, if the sale went ahead, the buyers would not live to see the benefits of the sale. Kevin OGrady and Justin Neelis of Miami-based Concord Summit Capital arranged the loan from Fortress Credit Corporation. Kevin Callahan | Sales & Construction | Ft Lauderdale Yacht Brokers He turned to full-time property developing when his motorsport career finished in 2002 after making an estimated 40m from the sport. Lagan Homes and FastHouse were retained by the Lagan family. The keen surfer is based in south-west England. The blue chequered cock had got his feathers in a fluster after he was attacked by a falcon. Founded by haulier Peter Lagan in 1960 with the acquisition of the White Mountain Quarry outside Belfast, Kevin took over from his father in 1969, working with his brother Michael on building up the business. The easygoing Co Down couples life-changing 115million win sees them enter the annual list in 16th position, just behind golfing superstar Rory McIlroy (158m) and Ballymena-born Hollywood A-lister Liam Neeson (117m). Skipper Kevin Lagan and his friends were on a trip to the Hebrides when they heard of the birds plight. Did this woman die because her genitals were cut? is this what you want. It is now the largest producer of snack foods in the UK following its acquisition of Tavern Snacks in 2017. Kevin Lagan enters into an agreement with Breedon Group plc to sell Lagan Group for 455m. Conor said he couldnt believe his luck when Kevin Lagan and his friends then arrived on the island after sailing all the way from Ballycastle. The Crossword Solver finds answers to classic crosswords and cryptic crossword puzzles. The BBC has learned that two brothers who built one of Ireland's biggest construction groups had a bitter feud which threatened the business. We operate out of two main offices; Belfast in Northern Ireland and Washington in the US. Speaking to the media, the couple, who are in their 50s, said when they found out they had won the jackpot they had "a cup of tea and a hug". In a joint statement issued on Thursday the brothers said: "This matter relates to a succession planning issue which arose some four years ago. At the time, Quinn said: "Kevin Lagan has done lots of things to me he should not be proud of. A manufacturer of modular closed panel and timber frame systems for the construction industry, it employs about 100 people and is supplying about 470 luxury holiday lodges to Irelands first-ever CenterParcs resort in Co Longford. I noticed it had a ring on its leg. He said the attempt to have the business wound-up was taken as a last resort after Kevin failed to make "a fair and reasonable offer" to buy his 42.5% share of the business. Brexit and uncertainty around sterling are potential concerns but turnover grew from 163m to 173m in 2017, with profits down from 2.9m to 1.5m. 204 Delivered in 2008, it could not be reported until now for legal reasons. He is understood to be the main beneficiary of the sale to English aggregates company Breedon. His designs, both as chief designer at Sparkman & Stephens and later as the principal at Langan Design, numbered in the hundreds. He and his wife's high-end property development firm, Chardan Development Group, which primarily focused on developments along the Australian Sunshine Coast near Brisbane, has also prospered. Lagan Homes, one of the largest house-builders in Northern Ireland, with a long-standing reputation for delivering quality homes, has plans to develop its markets in Ireland and Britain, where it has established a strong regional presence. Registered office: 1 London Bridge Street, SE1 9GF. At the age of 21, this North East English native took the chance and jumped at the chance to sail (oh so green) aboard a sailing schooner bound from Spain to the West Indies and onwards to the US. 19 John and Darren Donnelly 94m (Transport). A rich list published earlier this year put the combined wealth of the Belfast-born Lagan brothers, Kevin and Michael, at some 1.3 billion. Based in Belfast, Lagan Investments adopts a flexible approach to investment opportunities across a variety of sectors within the UK and Ireland. John (70) and his son Darren (47) both still sit on the board of Antrim-based Retlan Group. Kevin Lagan and his family intend to pursue a managed growth strategy with the Lagan Homes and FastHouse businesses, which are being retained. Adam Abdallah refused bail for assault on referee Khodr Yaghi after His two sons Kevin and Michael took over the running of the business, expanding the group aggressively. The judge said there was then a "trading of punch and counter-punch" when more allegations were made. Following the sale, the Lagan family established its principal investment vehicle, Lagan Investments. The brothers grew the Lagan Group into a business with 1,000 staff. Kevin Merrigan honors Bill Langan | SuperYacht Times Private equity group 3i took a 40% stake in the business in 2007. The deal sees Breedon acquire Whitemountain, Lagan Cement, Lagan Brick, Lagan Asphalt and Welsh Slate, although Lagan Homes does not form part of the sale. Please fill out the form below to contact this member of the team. The combination of Breedon and Lagans materials interests will create a workforce of 3,000 and turnover of more than 900m. The BBC is not responsible for the content of external sites. By chance they had anchored off a St Kilda, where construction workers told them the sad story of Declan a pigeon from Derry who had been posted missing during a tough race. O'Doherty, who graduated in engineering from Queen's University Belfast, chairs Derry City FC and financially supports the club. As part of the rebranding, the buyers renamed the property Yacht Haven Park & Marina from its previous moniker Fort Lauderdale Yacht Haven Park and Marina. Residents while in U.S. waters, Yacht Manager | Ft Lauderdale Yacht Brokerage. The sale of a huge chunk of the building materials and construction empire, the Lagan Group of Belfast left to brothers Kevin (67) and Michael (61) having been established in the 1960s by their father Peter has been a major boost to Kevins finances. The settlement involved Michael Lagan taking exclusive control of some parts of the business, now called the Lagan Construction Group. When Chris Watson (44) took the helm of his parents' Ballyclare-based Chain Reactions cycling equipment business, he looked to the internet for growth and he got it. In affidavits filed in 2008 as part of the court case Michael Lagan accused his brother of seriously undermining their "relationship of trust and confidence". Newry's Brian Conlon (52) owns 33.9% of AIM-listed financial services group First Derivatives. The Conlig man bought an island in the Bahamas and the nearby Exuma Yacht Club in 2011 and is reported to have invested $10m turning it into a luxury resort. The manufacturing business was purchased by Chinese firm CIMC Vehicles in June 2016 for a price believed to be around 100m. app. Le Panorama, 57 rue Grimaldi, . And as luck would have it the bird was found by Derry man Conor McKinney who in turn pleaded with visiting boat owner Kevin Lagan to bring him back home to Ireland! Frances and Patrick Connolly from Moira started off 2019 with a life-changing lottery win. It was reported that her husband left an estate worth 472m in total. Former Galen finance chief Geoffrey Elliott (66) controls medical packaging group, Pharmapac. It made him the 26th highest paid athlete and the fourth highest paid golfer in the world. Bill McCabe's Oyster Group is an investor in a host of tech and quirky companies - from Datahug, Fleetmatics and FieldAware to psychic phoneline firm Psytech Digital. Scott Disick steps out with daughter Penelope and niece North in New Skipper Kevin Lagan and his friends were on a trip to the Hebrides when they heard of the birds plight, Kevin Lagan and the crew of the Lady Kate prepare to bring Declan home. It did not pay the Portadown man a dividend in the year but said investment continued in order to meet new customer demand. A site by, 15% Discount On UTOPIA IV Charters Through April 30. Also, Safe Harbor Marinas paid $340 million for the superyacht storage and repair facility Lauderdale Marine Center in Fort Lauderdale in May. Ballymena-born actor Liam Neeson (66) has had a busy year as he continues his career beyond the smash hit Taken trilogy. Forbes said he earned about $34m in 2018, plus another $3.7m in winnings. Bill Langan. 6 Tom Eakin and family 305m (Medical Devices). . Lagan is a leading supplier of construction materials and contract surfacing in Ireland and the UK with a modern cement plant in Kinnegad, nine active quarries, 13 asphalt plants and nine ready-mixed concrete plants. Belfast-headquartered firm says net assets now close to 50m, including 28m cash pile, Hennerty is credited with helping Kerrygold exceed 1bn in annual sales, The winner of The Irish Times Business Person of the Year Award, in association with KPMG, will be announced in early September, Irish Times Business Awards, in association with KPMG, will be held in September as a virtual event, Awards ceremony originally due to be held on May 13th to take place at Mansion House, Business Person of the Year and other category winners to be announced at May event, Timeline of events: Attacks on former Quinn Group businesses and managers began in 2011, His newest venture FastHouse agrees deal for 200 homes in Dublin, Business will provide synergies with Lagans FastHouse rapid build operation, Kevin Lagan-founded fund will also provide peer-to-peer start-up with 5m in capital, Offsite construction company FastHouse will build 202 homes under Dublin contracts, Lagan Airport Maintenance in joint venture due to begin work in May, Business Week: also in the news were mortgage lending rules, tracker fines and Facebooks pay, Rapid-build specialist backed by businessman Kevin Lagans 20m investment, Business Today: the best news, analysis and comment from The Irish Times business desk, Lagan Investments being funded from 527m sale of construction supply firm, Belfast born Lagan built up family business but will hold on to housebuilding arm, Profits from joint ventures increase 15-fold for Belfast-based Lagan brothers, Debt at the centre of the winding up petition relates to a judgment against firm over pyrite used in a building in Ballymun in Dublin, Commercial court refuses application to fast-track wind-up petition on Irish Asphalt, Move part of dispute between JEC and Irish Asphalt over material with excessive pyrite, Peter Murtagh on the threads that link rival US funds, Northern politicians, legal firms and middlemen to the property sell-off that cost the State hundreds of millions, Money discovered by Belfast law firm was apparently fees from US firm Cerberus, Irish Asphalt, Lagan Holdings and three Lagan directors want claims struck out, Vehicles set alight and threats sent to executives linked with Aventas Group, Company says no business can operate when threats put workers and directors at risk, Construction firm alleges deceit by Irish Asphalt over quality of infill material, Crosswords & puzzles to keep you challenged and entertained, Explore how the historic deal helped bring about peace in Northern Ireland, Inquests into the nightclub fire that led to the deaths of 48 people, A project examining attitudes about the future of Ireland, Weddings, Births, Deaths and other family notices, Lagan Homes double profits to almost 7.5m as sales rise 23%, Ornuas Risn Hennerty named Irish Times Business Person of the Year, The first seven winners of Business Person of the Month, Nominees announced for third Irish Times Business Awards, Irish Times business awards to be hosted in early September, The Irish Times launches third annual business awards, Campaign of terror: 70 acts of vandalism and violence on Quinn Group firms, The Irish Times Business Person of the Month: Kevin Lagan, Kevin Lagan acquires majority stake in UK timber frame manufacturer, Lagan Investments takes 10% stake in Property Bridges, Derry group to deliver three rapid-build projects for Dublin, Knock airport appoints contractors for 11.2m runway overlay, Brexiteers round on Bank of Englands Project Fear analysis, Fasthouse hopes to build 1,500 homes in areas with housing shortages. There was good news for the Co Antrim family business Wrightbus - of which William Wright (93) is the chairman - when it won orders for more than 200 buses from customers in Hong Kong last year. Having started out as a provider of specialist software to leading global investment banks, the firm has evolved into a provider of products and consulting services, particularly building on its strength in ultra-high performance data analytics. The issue was subsequently resolved by agreement to separate certain of the Lagan companies, the smooth transition of which completed in 2010. West Belfast native Paddy McKillen (63) got into the property game in the 1980s after leaving school at 16 to work in his family's exhaust repair business. Kevin Lagan and his two sons Peter (centre) and John. Kevin Lagan also had a history of disputes with long-time rival Sean Quinn, notably in 2000, when Mr Quinn gave 30,000 to people campaigning against Lagan Cement's plans to build a 40 million cement factory near Kinnegad, Co Westmeath. Lagan Aviation & Infrastructure | Home BBC Worldwide took control of the Lonely Planet travel guide book business for a total of 121m. Company/Ship Security Officer, Massachusetts Maritime Academy, June 2004. Our Story Under the leadership of Kevin Lagan, a diversified construction business was built up over five decades. Outspoken Brexit supporter and Campbell College, Belfast-educated Tim Martin (63) owns 31% of listed UK pub chain Wetherspoon, which he founded in 1979. Once Kevin and his friends heard Declans story, they agreed to return the pigeon to his owner in Ireland, he said. Most recently, he starred in Netflix's The Ballad of Buster Scruggs. His extensive cruising knowledge of the Bahamas and Caribbean provides his clients with an unrivaled professional service. By 2002, however, the siblings Kevin and Michaelwent their separate ways. Video, The secret mine that hid the Nazis' stolen treasure, MasterChef Australia host Jock Zonfrillo dies, Trevelyan relative 'would consider' famine payment, Four dead after suspected pigeon racer dispute, Adidas sued by investors over Kanye West deal, Suspected IS chief killed in Syria, Turkey says, UK chip giant Arm files for blockbuster share sale. Northern Ireland rich list: The 30 wealthiest people revealed Lonely Planet founders Wheeler and her husband Tony wrote about their experiences travelling from Britain to Asia in a campervan in 1973 and then developed the format by bringing in amateur writers to help cover the globe. Learn more about our team of experienced yacht sales brokers, yacht charter brokers, yacht construction managers, and yacht management specialists. 16 May 2022 | 09:00. Belfast-based Lagan Group sold for 455m to AIM-listed British Subsequently however, Lagan discussed a merger with Quinn Building Products in 2013, but talks ended after just two months, after a rifle bullet was sent to Kevin Lagan. The company reported a 10.8m loss in 2017 due to "exceptional costs" but managed to grow its revenues to 85.4m. They scooped a total of 114,969,775.70 in the EuroMillions draw. Enter a Crossword Clue. Previously they adapted The Bible for TV, while Burnett was the brains behind the formats for hits such as The Apprentice, Dragons Den and The Voice. Holywood, Co Down native Rory McIlroy (29) may have gone another year without a Major win on the golf course in 2018, but that hasn't prevented his financial success. Kevin enjoys fishing, boating, and spending time with his four sons. The share price has fallen by 14% in the past year. Based in Belfast, Lagan Investments adopts a flexible approach to investment opportunities across a variety of sectors within the UK and Ireland. From a strategic perspective, it provides us with a stronger platform from which to pursue further organic growth and bolt-on acquisitions.. This is the latest of a slew of marina deals in South Florida. Lagan Homes is a premier house-builder with operations in Northern Ireland, England and Republic of Ireland. With fish increasingly scarce, Kevin studied at sea for a commercial masters license and secured a captains position with a major oil field supply company. Belfast-based Herbert (61) operates 145 KFC outlets, with up to 40 new ones added last year, making the group the biggest KFC fast-food franchise in Europe. Its most recent set of accounts, for the year to March 2011, refer to it acquiring the civil engineering, piling, PFI and operating and maintenance business of the Lagan Group as "part of a wider re-organisation".