O'Neills set to back MBO at Elverys
O'Neills has emerged as a major financial backer for the proposed management buyout of Elverys Sports.
O'Neills, the Irish sportswear manufacturer best known for its range of GAA jerseys, has emerged as a major financial backer for the proposed management buyout of Elverys Sports.
O'Neills has agreed to invest a significant sum to help management buy the chain out of examinership, and will be left with a large shareholding in the company if the rescue package is agreed with creditors. The Dublin-based sportswear firm is a 45 per cent shareholder in...
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