Rotary staff face anxious wait as Irish firms close

Aaron Morby 4 years ago
Share

Hundreds of staff at M&E contractor Rotary are waiting to hear whether their jobs are secure as administrators were called into the Dublin and Belfast businesses of the group.

_61981530_rotary

Around 60 staff lost their jobs after Rotary Services in Belfast closed its doors yesterday, and the Dublin business was placed in administration earlier this week, according to a report by the BBC.

Now more than 500 staff are waiting for a statement about the future of the operations in England.

Several M&E contractors are understood to have looked at Rotary since the for sale sign went up when Australian parent company Hastie fell into administration in May.

Rival M&E firm Lorne Stewart is understood to have made a serious approach and a deal may still be in the offing for Rotary’s remaining businesses.

But the quick deal promised by Rotary CEO Phil Laidlaw has so far failed to materialise.

Rotary’s head office is in Warrington with regional divisions operating out of offices in Newcastle, Leeds, Ruislip and Livingstone in Scotland.

FTI Consulting, which is understood to be acting as administrator in Ireland and spokesman for the company, is expected to make a statement shortly.

Rotary was established in Northern Ireland by the Jennings family in 1954 and grew into a major player as well as leading the UK export drive with overseas contracts.

The firm was snapped up for more than £100m four years by Australian building services specialist the Hastie Group.

But the fast-growing Hastie Group was placed into administration after running up debts and talks with banks to refinance the business failed.

Latest news

Portuguese giant targets UK infrastructure jobs

£2bn turnover Mota-Engil looking to win work on major projects
16 hours ago

Blackpool Pleasure Beach to build new £16m rollercoaster

Project dubbed "Construction 2018" - Watch the video now
14 hours ago

M&E bosses jailed over bribes for Royal contracts

Queen's property manager took £100,000 in bribes for palace contracts
1 day ago

Government ignoring smart motorway safety concerns, warn MPs

MPs slam DfT for pressing ahead with M4 scheme despite serious safety concerns
15 hours ago

Worker breaks neck at Styles & Wood sports day

Accident during space hopper race leaves man in hospital
15 hours ago

£110m Midlands shopping outlet village approved

Work to start on Mill Green factory outlet shopping village in autumn 2017
16 hours ago

Forrest wins £20m Salford PRS job for X1

High-rise private rented flats project is the third for developer X1
16 hours ago

Apple signs major office deal at Battersea Power Station

Computer giant to occupy six floors in the boiler house
1 day ago

Scotland switches to project bank accounts

From November new building projects over £4m and civils projects over £10m required to use PBAs
2 days ago

Crossrail builders face two mile trek to the toilet

Anger grows among workforce over site welfare standards
2 days ago

U+I targets four ‘huburbs’ for 1,000 rental home plans

Ashford, Maidstone, Swanley and Woking schemes worth £250m
2 days ago

Time to reward construction’s top teams

Only a few tables left for Enquirer awards night after 11,000 people voted for Top Ten winners
2 days ago

Plan unveiled for £60m UClan Preston gateway

University of Central Lancashire reveals winning design for new student support centre
2 days ago

AFC Wimbledon cleared to build new £16m stadium

The Dons and Galliard Homes set to go-ahead with 11,000 seat stadium and 600 homes
2 days ago

Wolseley to close 80 branches axing 800 jobs

Plumbing and builders' merchant chain to streamline UK business
3 days ago

Wates links-up with Trafford Housing Trust to transform eysore

First scheme for new joint venture in the North West
2 days ago

Skanska to start next £70m phase of Helical Bar Old Street site

Skanska confirmed on The Tower at The Bower originally earmarked for John Sisk
3 days ago

Green light for next King’s Cross offices phase

Major 500,000 sq ft crescent-shaped office scheme approved
3 days ago

Newlon starts race for £200m new-build framework

London housing association plans to build 2,000 homes by 2022
3 days ago

Aldi to build 70 new stores next year

Budget supermarket chain aims to invest £300m in UK stores
3 days ago

Morrison Utility Services promotes Jim Arnold to chief executive

Charles Morrison steps up to become chairman of utility contractor
3 days ago

SES wins £43m M&E job at military rehab centre

M&E works secured at Defence and National Rehabilitation Centre at Stanford Hall
3 days ago

Crossrail faces demo over “missing” pay

Civils operatives claim high tech site access system is not registering all hours worked
4 days ago

J S Wright lands £4m building services package

Specialist to start in December on Brentford resi site
3 days ago

Wates appoints B&K director to head Midlands team

John Carlin joins Wates after 24 years with Bowmer and Kirkland
4 days ago

Green light for £200m Manchester Kampus scheme

Demolition work to start this Autumn for 500 private rented flats project
4 days ago

Arup blames Brexit for planned job cuts

Consultation starts on redundancies at London building division
4 days ago

Surrey Uni seeks builder for £34m student hall

More student accommodation planned after O'Hare & McGovern bags first scheme
4 days ago

Focus on Northern homes pays dividends for Gleeson

Owning a Gleeson home "cheaper than council house rent"
4 days ago

BBC starts hunt for contractor to rebuild Eastenders set

Procurement race starts for £15m revamp of Albert Square
6 days ago