Irish housebuilder launches Lagan Investments with £455m spending power

Peter Lagan Lagan Investments

Irish construction magnate Kevin Lagan has announced plans to launch a new investment business targeting real estate having sold the Lagan Group to Breedon for £455m.

Lagan, who built up the family business founded in 1960 into a major asphalt and concrete production company, said that he intends to use the £455m spending power to “inject capital into diverse sectors including real estate and tourism” as well as support the growth of housebuilder Lagan Homes and modular frame firm LF FastHouse.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.

Registered users and subscribers SIGN IN here to continue