Glenveagh/Harmony Timber and GMP

• Notification date:2 August 2022
• Publication date:2 August 2022
• Economic sector:Manufacturing - C
• Economic sub-sector:Manufacture of wood - C.16
• Simplified merger:Yes
• Outcome:Cleared

Glenveagh Properties plc

Glenveagh Properties plc is an Irish homebuilder listed on Euronext Dublin and the London Stock Exchange. Glenveagh Properties plc is active in the development and supply of residential property which it delivers across three business segments, namely, Suburban, Urban and Partnerships. The Suburban segment consists primarily of the development of housing with some low-rise apartments, whereas the Urban segment consists of the development of apartments to be delivered primarily to institutions. The Partnerships segment typically involve Glenveagh partnering with the Government, local authorities or state agencies.

Harmony Timber Solutions Limited

Harmony Timber Solutions Limited is based in County Wicklow. Harmony Timber Solutions Limited supplies structural timber products to the construction industry, which consist of timber frame units, roof trusses and open metal web joists to developers, self-builders, and specialist builders for building or development projects.

GMP Developments Limited

GMP Developments Limited owns an undeveloped site that adjoins Harmony Timber Solutions Limited’s property. GMP has no other activities in the State.