McCabe (62), who was born in Belfast, made his fortune when CBT, the e-learning company that he founded, floated on the Nasdaq in the 1990s. Belfast music legend Van Morrison (73) released his 40th studio album, The Prophet Speaks, in December. Building on this in-house expertise, Lagan Homes expanded further into the Republic of Ireland in early 2019. Previously, his Lesley Tower was sold for 8.6m, while his Lesley Exchange buildings were sold for 2.3m and 3m each. But the sale, announced. Pat Ward, Breedons group chief executive, added: Lagan represents a unique opportunity to enter a growing market with immediate scale and excellent opportunities for expansion. There were then further unsuccessful negotiations before Michael filed the petition as what he described as "a last resort". Declan had been in full flight back to the Maiden City from Skibbereen in Cork when he was targeted by the bird of prey. He brought the same restorative touch to Coca-Cola, where he spent much of his working life and reached his career pinnacle as chairman and CEO, bringing back its fizz when it needed it most. 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. Newport, RI, USA 02840, Sitemap | Privacy Policy | Terms & Conditions, Non-U.S. Flagged Vessels Not Available For Sale or Charter to U.S. 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. Once Kevin and his friends heard Declans story, they agreed to return the pigeon to his owner in Ireland, he said. The judgement suggests that the roots of the dispute go back to 2001 when there were efforts by the two men to agree on the re-organisation of the group. Michael also said Kevin undertook a "tactical manoeuvre" which involved pressuring him to invest 9m of his personal money in the group's house-building operation and breaching fiduciary duties in respect of a 31m deal to buy a Welsh slate company. ", Russia launches pre-dawn missile attack on Ukraine, Chaos at port as thousands rush to leave Sudan. A site by, 15% Discount On UTOPIA IV Charters Through April 30, USCG Master of Oceans, 3,000 Gross Tons ITC, ISM Lead Auditor, Maine Maritime Academy, June 2002. And were glad to hear hes doing well back in Derry, he added. Then in 2006 they reached what the judge described as "at most an agreement in principle" on a "partition" which would have seen each of them take exclusive ownership of different parts of the business. In a joint statement issued on Thursday, the brothers said said they now have separate businesses but are working together on areas of mutual interest. Londonderry-born actress-turned-LA producer Roma Downey and east Belfast-born music legend Van Morrison are among the handful of famous names from the entertainment world on the list dominated by home-grown entrepreneurs who have created internationally successful companies. His two sons Kevin and Michael took over the running of the business, expanding the group aggressively. 10 Philip O'Doherty 173m (Manufacturing). 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. 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). Le Panorama, 57 rue Grimaldi, app. 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. Wetherspoons has over 900 pubs in the UK. Based in Belfast, Lagan Investments adopts a flexible approach to investment opportunities across a variety of sectors within the UK and Ireland. He was there to greet Prince Harry and Meghan Markle when they visited the Epic Ireland museum he has created there. Lagan Homes is a premier house-builder with operations in Northern Ireland, England and Republic of Ireland. VideoThe secret mine that hid the Nazis' stolen treasure, LGBT troops take love for Eurovision to front line, Why an Indian comedian is challenging fake news rules. Cement Manufacturing Facility, Kinnegad, Ireland. 157, 98000 MC, 6 Christies Landing The designer of some of the world's most successful yachts, Bill Langan, died peacefully on December 31st after a two year battle against leukemia, aged 55. He is currently working in construction on St Kilda and he spotted the injured bird shortly after it landed on the island. Miami/Fort Lauderdale Area. In early November, Kevin Lagan and family gathered in Belfasts plush new five-star hotel, the Grand Central, to usher in a new era. 16 May 2022 | 09:00. 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. 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. Ft. Lauderdale, FL, USA 33316. Frances and Patrick Connolly from Moira started off 2019 with a life-changing lottery win. The BBC has learned that two brothers who built one of Ireland's biggest construction groups had a bitter feud which threatened the business. By 2002, however, the siblings Kevin and Michaelwent their separate ways. Confirming the sale, he said:"Id like to thank the staff for the role they have played in the growth of Lagan Group, and I wish them every success as they enter an exciting new chapter with Breedon, who I am confident will build on that success, supporting the development of the business in the years ahead.. This is the first thing I've done to him that I am not proud of." Read about our approach to external linking. Lidia Dinkova. Registered in England No. 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. But the order came after a difficult year for the firm which saw a big drop in profits and two rounds of redundancies. What started out as a 1970s hippie journey for Belfast-born Maureen Wheeler (72) ended in one the world's best-loved publishing empires, at least amongst budget travellers. Company/Ship Security Officer, Massachusetts Maritime Academy, June 2004. Most recently, he starred in Netflix's The Ballad of Buster Scruggs. He added: We are all absolutely delighted.. Bill Langan. Please fill out the form below to contact this member of the team. We gave him water and yogurt to help build him up. 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. Tue Apr 17 2018 - 17:45 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. 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. 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Two years later he was yachting in South Florida as captain on a large (for the time) motor yacht. The 20-acre Yacht Haven Park & Marina in Fort Lauderdale is poised for a makeover and additional storage after selling for $58.1 million, with the buyers scoring an $81.7 million purchase and renovation loan. Three of Michael's companies had profits of 13.5m on 340m of revenues for 2016/2017. It is now the largest producer of snack foods in the UK following its acquisition of Tavern Snacks in 2017. The Emmy-nominated actress and her husband, former British soldier Mark Burnett (also 58), have made their money from TV formats and productions. The share price has fallen by 14% in the past year. Famed superyacht designer Bill Langan dies. The company reported a 10.8m loss in 2017 due to "exceptional costs" but managed to grow its revenues to 85.4m. 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. Co Down native Rea (65) owns about 60% of AES Engineering, the Yorkshire firm he founded that became the world's largest manufacturer of mechanical seals. Ballymena actor Liam Neeson in The Ballad of Buster Scruggs. Add to that a role in the glittering cast of Hollywood release Widows and his own The Commuter movie makes for a busy year for the Antrim man. 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. 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 . 2023 Moran Yacht & Ship, Inc. All rights reserved. In the event, the winding-up petition did not go to a full hearing because the substantive matters were settled out of court. 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". 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! Downpatrick-born Neville Isdell (75) turned around the fortunes of once deserted CHQ on Dublin's north quays, which he bought for what now looks like a 10m bargain. He turned to full-time property developing when his motorsport career finished in 2002 after making an estimated 40m from the sport. In February, the Lagan Construction Group, controlled by Michael, run by his son Kevin and unrelated to Lagan Group Holdings, appointed administrators to four of its companies. He claimed Kevin's behaviour involved reneging on agreements and trying to exclude him from the management of the group. The firm, which makes specialist data centre switchgear and power distribution equipment for the energy industry, employs about 1,700 staff around the world. Pic: Liam McBurney/PA Wire. Kevin's affidavits said the petition had had the effect of "fundamentally altering" the firm's relationships with its bankers and business partners. From a strategic perspective, it provides us with a stronger platform from which to pursue further organic growth and bolt-on acquisitions.. 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. Our innovative products are manufactured using modern methods of construction at our state of the art facility in Limavady, Northern Ireland. O'Doherty, who graduated in engineering from Queen's University Belfast, chairs Derry City FC and financially supports the club. His extensive cruising knowledge of the Bahamas and Caribbean provides his clients with an unrivaled professional service. The blue chequered cock had got his feathers in a fluster after he was attacked by a falcon. Two years later he was yachting in South Florida as captain on a large (for the time) motor yacht. Lagan Aviation & Infrastructure have delivered over 60 airport projects across the globe. 2023 Moran Yacht & Ship, Inc. All rights reserved. 6 Tom Eakin and family 305m (Medical Devices). To honor Bill's memory, Kevin Merrigan, President of Northrop & Johnson, is training to run Disney's Marathon and a Half, otherwise known as the "Goofy Race". Another Lagan director gave evidence that had the petition become public it would have had "catastrophic" consequences for the business. The secret mine that hid the Nazis' stolen treasure. It also operates a major Hagen-Dazs franchise. Its along the south fork of the New River. In April 2018, the construction materials business including the Cement Manufacturing Facility, Kinnegad was sold to Breedon Group Plc for 455m. Established in 2015, FastHouse designs, manufactures and installs precision engineered timber frame systems and produces GRP laminated panels, incorporating application specific cores, for both the residential and commercial markets in the UK and Ireland. 2023 BBC. But the sale, announced today, of Kevin's Lagan Group for 526 million in cash is likely to propel him further up the wealth table. app. The property now has 4,800 lineal feet of marina dockage for boats over 60 feet and 265 pad sites. In the event the court ordered that as the case was essentially a dispute between the two men, and the business was solvent, the petition should not be made public. A big-hearted boat owner from Belfast helped rescue an Irish racing pigeon lost on a remote Scottish island, the Sunday World has learned. The settlement involved Michael Lagan taking exclusive control of some parts of the business, now called the Lagan Construction Group. Newport, RI, USA 02840, Sitemap | Privacy Policy | Terms & Conditions, Non-U.S. Flagged Vessels Not Available For Sale or Charter to U.S. Belfast native Paul Smith (70) developed the quiz show format for Who Wants to Be A Millionaire? . Details of the falling out were revealed in a High Court judgement which concerned Michael's attempt to have the business wound up. Lagan Homes and FastHouse were retained by the Lagan family. Private equity group 3i took a 40% stake in the business in 2007. 1300 SE 17th Street, Ste. This New England native has been involved with selling and constructing some of the finest yachts in the world during his tenure at Moran Yacht & Ship. 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. Sep 2012 - Present10 years 8 months. Skipper Kevin Lagan and his friends were on a trip to the Hebrides when they heard of the birds plight. Michael (62) and one of his sons continue to run Belfast's Lagan Construction, a civil engineering business that emerged out of a nine-year court battle fought over the Lagan family business empire. After numerous charters, deliveries . At the time, Quinn said: "Kevin Lagan has done lots of things to me he should not be proud of. Top of the pile is construction heavyweight Kevin Lagan with an estimated fortune of 442m in the chart compiled by the Sunday Independent newspaper. Lagan is well-run, well-invested, with an experienced management team and a strong track record. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Miami luxury real estate agent pleads guilty in PPP fraud case, Wells Fargo likely to sell 550 California Street at deep discount, AEW Capital trades Hollywood apartment complex for $48M, Terra-led group is buying Gentings downtown Miami site for $1.2B. A big-hearted boat owner from Belfast helped rescue an Irish racing pigeon lost on a remote Scottish island, the Sunday World has learned. Roughly $20 million of the new financing will go toward the capital improvements to be completed over a year, and the rest was acquisition financing, OGrady said. The company performed strongly up until its last set of six months' interim results late last year, with both sales and profits up 20%. The acquisition of Kevin Lagan's Lagan Group comes weeks after it was announced that four firms within Michael Lagan's Lagan Construction Group had gone into administration, putting 200 jobs at risk. Whether you are considering building, buying, or chartering a quality yacht, talk to a professional talk to Kevin Callahan. The issue was subsequently resolved by agreement to separate certain of the Lagan companies, the smooth transition of which completed in 2010. Despite sustaining serious injuries to one of his wings, determined Declan managed to fend off the midair attack by doing an amazing 433-mile detour out over the Atlantic! 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. Click the answer to find similar crossword clues . The family has already invested heavily in Lagan Homes, Northern Irelands biggest house builder, which is active in Britain and poised to expand into the Republic. But a feud between the brothers threatened the future of the Lagan Group and subsequently led to the business being split up in 2008, with both working together on areas of mutual interest. Working as master aboard offshore tugs, supply ships and research vessels, mostly in Latin America (Spanish speaker) Kevin increasingly specialized in the formal training of Latin crew and sailing ships to US shipyards for refit and US Coast Guard Certificate of Inspection. The singer - knighted by the Queen - also owns residential properties in Belfast and Bath. Since then, the couple have set up the Planet Wheeler foundation in 2008 to tackle poverty in Southeast Asia, East and West Africa, Nepal and Afghanistan. The combination of Breedon and Lagans materials interests will create a workforce of 3,000 and turnover of more than 900m. Under the leadership of Kevin Lagan, a diversified construction business was built up over five decades. RV and motorcoach demand has increased over the past five years and experienced even more growth during the pandemic, he said. The firm merged with Warner Chilcott in 2004. Kevin Callahan yacht broker at Moran Yacht and Ship Pompano . 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. After a protracted battle with the billionaire Barclay brothers, he sold a 36% stake in three of London's most expensive hotels to the Qatari royal family, but continues to receive a 5m-a-year fee for helping to manage them. His designs, both as chief designer at Sparkman & Stephens and later as the principal at Langan Design, numbered in the hundreds. Former Galen finance chief Geoffrey Elliott (66) controls medical packaging group, Pharmapac. Fleet Manager - DPA/CSO. We operate out of two main offices; Belfast in Northern Ireland and Washington in the US. 204 Kevin OGrady and Justin Neelis of Miami-based Concord Summit Capital arranged the loan from Fortress Credit Corporation. It made him the 26th highest paid athlete and the fourth highest paid golfer in the world. 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. Derry group to deliver three rapid-build projects for Dublin. By. And I couldnt believe it when the pigeons owner told me he was also from Derry! 16 Frances and Patrick Connolly 115m (Lottery win). 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. We saw the bird had a nasty wound on his wing and we did our best to make him comfortable. Mary Haughey and her daughter and sons own health and veterinary products firm Norbrook Laboratories, which was founded in 1969 by her Louth-born late husband Edward, who held the title of Lord Ballyedmond and lived in Rostrevor, and who died in a helicopter crash in 2014.