With the recent sale to a Turkish firm for €330m, the Irish backers of the group formerly known as Quinn Industrial Holdings have realized a substantial value from their investment, totaling almost €56m.
The transaction highlights a significant restructuring for the company, previously known for its heavy industry base, and marks a potential shift in strategic direction under new ownership.
Liam McCaffrey, Dara O'Reilly, and Kevin Lunney, who comprise a part of the executive management team, have seen their combined stakes in the business valued at up to €13m.
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