Sisk gets €17m from investment subsidiary

The Irish building and engineering group Sisk has received a €17 million payout from a low profile investment subsidiary.

Ian Kehoe - avatar

Ian Kehoe

20th October, 2013

The Irish building and engineering group Sisk has received a €17 million payout from a low profile investment subsidiary.

New company filings show that Capwell Investments paid a €17.05 million dividend to the construction group last year, after generating a pre-tax profit of €21.8 million.

The dividend was paid to Sicon, the main holding company in the Sisk group of businesses. Capwell is used by the building firm to hold investments in subsidiary companies, and...

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