Galway greentech entrepreneur Gerry Brandon is set to acquire a subsidiary of a British industrial engineering company for more than €1 million.
The purchase of Pursuit Marine Drive by Brandon's biotechnology firm, Cellulac, is at an advanced stage but subject to shareholder approval. The deal involves the transfer of more than €2 million worth of assets, including a number of chemical reactors for use by Cellulac in Ireland.
Cellulac will be increasing staff from eight...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team