Councillors weigh in behind takeover bid by ex-Quinn team

Bernice Swift



LOCAL councillors have added their support to the QBRC (Quinn Business Retention Company) bid to acquire the Aventas Group and will arrange a meeting with bondholders to try to facilitate the takeover.


Speaking at last week’s monthly council meeting Independent councillor Bernice Swift expressed her support for the bid.

“Without a doubt, the word on most people’s lips is The Quinn Group. It has long been a cornerstone of economic prosperity in County Fermanagh and I 100% fully support the QBRC consortium bid whereby local ownership and control of the Quinn Group and jobs are put back into local hands ensuring sustainability.”

“I firmly believe this is the only-show-in-town to garner and secure all jobs and to fully sustain economic benefit to the entire region and I request that a delegation hold a meeting with the bondholders to ensure the deal is done as soon as possible. The fact that there is currently only one proposal to consolidate and manage the group locally, means we are at a critical stage and the decision is with the bondholders to sell to new bidders.”

Her view was seconded by SDLP councillor Brendan Gallagher who said the QBRC bid had the support of the local community.

“The personnel involved have the experience to drive the business forward,” and Mr Gallagher called on the council to support the bid in any way they could.

Fellow SDLP councillor Frank Britton stressed the importance of the business to the prosperity of Fermanagh.

“The Quinn business has been an engine for economic growth in this county going on two decades. It is in the interest of this county to ensure the business at Quinns continues to develop, grow and flourish. Without it this county has very little left.”


He too added his support to the bid.

“They know this business extremely well and are extremely well connected to take this business forward. I support the proposals and believe the future of the Quinn business rests largely in this county.”

It was agreed that a meeting would be arranged with the bond holders to discuss the the QBRC bid.

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