Construction firm to be bought out of receivership

Delta Homes, the Cork construction company that collapsed last month with the loss of 180 jobs, is to be bought out of receivership in the next three weeks.

Ian Kehoe - avatar

Ian Kehoe

30th September, 2006

Delta Homes, the Cork construction company that collapsed last month with the loss of 180 jobs, is to be bought out of receivership in the next three weeks.

Seven Irish and British investors have expressed an interest in buying Delta, several of whom want to buy the business as a going concern, while others want to buy only some of the company’s assets.

Delta, which made prefabricated bathrooms and kitchens for the construction sector,...

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