Tuesday December 1, 2020

Management buyout at Sligo’s LotusWorks

The firm, which was founded by Fergal Broder in 1989, has grown substantially over the past four years. It now has four overseas offices

Gillian Nelis

Managing Editor

@gnelis
14th October, 2018

LotusWorks, the Sligo technical and engineering business which employs over 500 staff and turns over €50 million per year, has been sold to four senior executives in a management buyout.

The firm, which was founded by Fergal Broder in 1989, has grown substantially over the past four years. It now has four overseas offices: two in the United States and two in Canada.

The four executives involved in the MBO are operations director James Casey, financial director...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures

Tom Maguire | 6 months ago

What’s coming up today and what you might have missed

Hannah O’Brien | 11 months ago