Sean Quinn
A GROUP of three businessmen have joined together in an attempt to buy the former Quinn Manufacturing Group’s manufacturing operations from the recievers.
The group, called ‘Quinn Business Retention Company’, was created by Ernie Fisher, former managing director of Fisher Engineering, John O’Hagan, owner and managing director of the Specialist Joinery Group, and John McCartin, a Fine Gael councillor and chief executive of Newtowngore Engineering in Leitrim.
Aventas, based in Derrylin is the owner of the former Quinn Group’s glass, plastic, packaging and radiator manufacturers.
The is reported in the Irish Independent to have said that they have got backing from overseas finance houses for their bid as well as the ‘moral’ support of Sean Quinn.
In a statement, the businessmen said: “We are in direct discussions with the management team at Aventas and their advisers with a view to purchasing the business outright.
“A community-led, locally sponsored, rescue of the business has long been seen as the only workable way forward for the business that has been a mainstay of economic well-being in the communities of the Border region for almost 40 years.”
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