QBRC moves closer to buying former Quinn companies
QBRC has
moved a step closer to the acquisition of part of the former Quinn Group.
The company is headed up by Leitrim Councillor John McCartin,
Ernie Fisher of Fisher Engineering, and John ‘Bosco’ O’Hagan.
QBRC has this morning signed a Memorandum of Understanding
with Aventas Manufacturing Group Limited, about the potential acquisition of
Quinn Packaging Limited and the Construction Industry Supply business of
Aventas; these are based mainly in the Ballyconnell, Co Cavan and Derrylin, Co
Fermanagh region.
QBRC says it’s looking forward to working with Aventas, both
during the due diligence period to conclude the sale successfully, as well as
following the transaction.
The company is acknowledging
the support of the local communities and their funders, and adds that it
believes it can repay the support by successfully concluding the transaction
and growing the business.
No comments:
Post a Comment