Fermanagh building products firm sold for €330m

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Fermanagh building products firm sold for €330m
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Mannok employs around 800 people in the manufacturing of cement, concrete, insulation materials and packaging.

Mannok, the County Fermanagh-based building products firm, is being bought by Turkish conglomerate Sabanci Holdings for €330m .It was formerly a part of the Quinn Group of companies and was acquired in December 2014 by an investor group when Sean Quinn’s business empire

Sabanci is a global conglomerate which employs over 60,000 people in 14 countries across five continents.The Mannok brand will be retained as the new owners seek to grow the business. "At Cimsa our model is to back great local businesses and management and we look forward to creating new employment opportunities in the region," he said.

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