Revealed: Ardmore Studios was sold for just €6 million

1st April, 2018
Ossie Kilkenny was part owner of Ardmore studios

It has emerged that Ardmore Studios was sold for just €6 million, less than the amount of money Enterprise Ireland wrote off to facilitate the sale.

The Wicklow-based studios were recently sold to Olcott Entertainment, which is led by Joe Devine, co-founder of Ion Equity and Troy Studios’ chair. Two-thirds of it had been owned by former U2 manager Paul McGuinness and accountant Ossie Kilkenny, while Enterprise Ireland had the remaining 32 per cent.


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