MID Ulster modular firm P McVey Building Systems has acquired Toome-based Donnelly cabins.
The deal, which included a 20,000ft modern factory, has brought all Donnelly Cabin employees into the P McVey fold.
It has taken The Loup business’ fleet of rental buildings to over five hundred.
P McVey Building Systems sell, hire and maintain modular, temporary and jackleg buildings for a range of sectors, including construction, healthcare, commercial and residential.
Managing director, Pat McVey, said: “The acquisition has expanded our facilities allowing for greater efficiency and more effective lead times allowing us to achieve our target turnover before the final quarter.
“With two facilities working at full capacity, we can now maintain workload, ensuring a quality service to all our clients within every sector, throughout Ireland – meeting the project programme and budget assigned.”
The deal was supported by Danske Bank. The lender’s business banking manager, Gary McLaughlin, said: “P McVey Building Systems is a long-established family business with over 35 years of experience in the modular and temporary buildings industry.
“Its sustained growth and expansion into new markets has demonstrated the strategic benefits of the acquisition. Danske Bank is pleased to have been able to support the company in the deal and looks forward to its continued growth and expansion in the future.”
