1. Growing Mivan Internationally
Ivan McCabrey
Chief Executive
Mivan

2. Mivan Today Leading international construction company
Has operated in 40 countries
Offices in Europe & Middle East
Over 650 employees worldwide
Turnover exceeds £75 million
Celebrated 30 years in business in 2005
Opened London office in 2007

3. Mivan – some notable firsts
Largest general contractor at Euro Disney
Refurbished the QE2 and world’s leading liners
Re-roofed Jerusalem's the Dome of the Rock
Queen’s Award for Exporting in 1996 & 1997
Built 2 zones at the Millennium Dome
Recently completed a major theming contract at the re-invention of the Dome – The O2
Fitted out the interior of the Scottish Parliament
Worked on the New Wembley Stadium
Helped to complete the new Ascot Racecourse
British Construction Firm of the Year & 2004
Best UK Fit-out Contractor

4. EuroDisney - Paris

5. QE2

6. Millennium Dome

7. Scottish Parliament

8. Mivan – Company Profile
Type of Business
Core activities
Interiors & Theming
Property Development
Retail & Residential
General Contracting
Mivan remains a Northern Ireland company that operates internationally
Supported by local skills in a 11,000m2 factory

9. Mivan – the beginning Founded 1975
First contract was concrete and shuttering at Kilroot Power Station
Based in Crumlin, Mivan grew as a general contractor in Northern Ireland
1979 opened office in Dublin
1980 started operations in Baghdad

10. Mivan - just another builder
Strategic review of activities in 1983
House building margins slim & considerable competition
Public works competitive at low margins
NI security environment not conducive to growth
Heavy investment in plant to support activities
Industry was labour and capital intensive
Mivan was just another builder

11. Mivan- strategy outcomes
Mivan lacked unique products & services
Marketing could differentiate Mivan from competitors
Interiors paid better than exteriors
Overseas offered large project opportunities

12. …then along came Interiors
Started Interiors with one manager and one joiner in 6,000 sq ft. in Crumlin
Started shopfitting and refurbishing Sealink ferries
Reduced other NI construction activity and increased investment in design and innovation

13. It ain’t half hot, Mum Won large formwork contracts in Middle East
Major public housing formwork contract in Iraq
Completed Iraq contract almost months ahead of schedule
In 1985, bought the formwork system that is the basis of Mivan Formwork

14. Its that Mouse again…
Won contract as the largest general contractor on Euro Disney in 1991
Merged construction and interiors skills to develop specialist theming expertise
Targeted other theme operators and won US Disney, Warner Brothers and Islands of Adventure

15. Warner Bros.

16. Universal Studios, Florida

17. Mission: SPACE

18. Visioneering
By mid 1990’s significant investment in R&D, design & technology offered opportunities for special projects
Cruise liner interiors
Retail store interior outfitting
Theming of parks and retail zones
Full-size Titanic replica for Japan
Mivan invented ‘visioneering’ if you have a vision, we can engineer it

19. Overseas visioneering
Working in the Middle East gave Mivan an advantage. As local economies improved, Mivan was well placed to capture prestige formwork-based contracts in Malaysia, Thailand and India
In 1996, Mivan won a Queen’s Award for Export, winning more than £100m of new business in 1 year

20. More strategy
As international engineering became more competitive, Mivan’s overseas operations were less unique
The latest review reduced dependence on competitive, falling-margin overseas work to concentrate on more niche, value-added formwork,interiors and cruise liners
Latest activities include retail and residential developments in Romania
Work has started on the Newtown Residence Development (over 630 apartments) & the Liberty Center Shopping Mall in Bucharest

21. Liberty Center

22. NewTown Residence

23. Bleach Green – Northern Ireland
New development consisting of 63 properties
Combination of detached, semi-detached, townhouse and apartment units
Total development cost circa £9 million
Completed December 2006

24. Ardnavalley, Northern Ireland
Phase 1 scheduled for completion December 2008
Phases 2 & 3 to complete 2010
Total development cost circa £30 million
New residential development
Located in Comber, County Down
Consists of circa 70 properties, comprised of detached, semi-detached and apartment units

25. Cruise liners
Cruise contracts depend on a perfect reputation for completing contracts on time and on budget
Mivan is now amongst the world’s leading cruise outfitters
Clients include P&O Cruises, Royal Caribbean, Saga Shipping
Recently completed a £0.5m contract at Sembawang Shipyards in Singapore for client Princess Cruises
Currently pricing a £1.5m project to work at the Grand Bahama Shipyard

26. Interiors and theming
Interiors, like cruise liners demand speed, quality and financial control. Mivan works for:
Hotels such as the new Radisson Edwardian Hotel in London
Prestige buildings, like Wembley, the Scottish Parliament and the new Civil Justice Centre in Manchester
Apartments, including a 205 apartment block in Kensington, London, described as “the world’s most exclusive (and expensive) address.”

27. Mivan Interiors – Museums & Visitor Attractions
O2 Waterfront, London
Client: Sir Robert McAlpine
Designer: RTKL; Gensler
Contract Period: July 2006 – April 2007
Contract Value: £8,500,000
Work Packages: Supply and install around 12,000 sq. m of art-deco style facades for the hospitality areas around the new arena in Greenwich.

28. Mivan Interiors - Hospitality
Wembley National Stadium
Client: Multiplex Constructions (UK) Ltd
Architect/Designer: World Stadium Team (Foster/ HOK Sport)
Contract Period: 13 months
Contract Value: £5.5m
Work Packages: Design, manufacture, supply of bar/restaurant counters, servery counters, kiosks, receptions, information desks, pay stations, waiter stations, player booths, press stations etc

29. Mivan Interiors Radisson Hotel, New Providence Wharf
Client: Ballymore Properties Ltd
Architect/Designer: Aukett Fitzroy Robinson
Contract Period: 12 Months
Contract Value: £7.9m
Work Packages: Interior fit-out of the 169 no. bedrooms & bathrooms, corridors, front of house and leisure suite

30. Residential Developments
Mivan currently negotiating the fit-out of 2 pavilions
Four linked residential Pavilions separating Hyde Park and Knightsbridge, London.
Mivan working to Candy & Candy; Laing O’Rourke & world class architects - Hamiltons; Rogers, Stirk & Harbour
Selling for in excess of £4k per sq ft with recorded sales of individual apartments reaching £84m

31. Why is Mivan still around?
Unwavering company-wide commitment to quality, innovation and process improvement
The best salespeople are the workers, backed by training and personal development
Total focus on customers – ‘making the customer say, Wow!’
A belief that marketing underpins everything
Constantly reinventing ourselves

32. Ivan McCabrey Chief Executive Mivan
Questions?
Growing Mivan Internationally
Ivan McCabrey
Chief Executive
Mivan