A company owned by DID Electrical founder Gerry Houlihan and accountant Aidan Crowe has sold its stake in a German hotel operator for close to €6 million.
The company, Banesto, notes in its accounts that as a result of the sale it generated a profit of €6.7 million in 2016, compared to €1.3 million in 2015, though it did not disclose the precise amount of the deal.
The accounts state that the boost in profits was mostly...
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