Sunday July 5, 2020

McEnaney Construction set for €75m rescue deal

McEnaney Construction, the Louth firm behind the €200 million M1 Euro Park, will come out of examinership tomorrow, after the High Court approved a rescue package.

16th February, 2008

McEnaney Construction, the Louth firm behind the €200 million M1 Euro Park, will come out of examinership tomorrow, after the High Court approved a rescue package.

The court has given the go ahead for a €75 million deal, that will involve John McCann, a low-profile property developer, taking a 75 per cent stake in the business. The scheme of arrangement has also been approved by the company’s creditors.

Seamus McEnaney, the founder of the...

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