Companies

British private equity group buys building materials firm Etag for €8.2 million

British private equity and sustainable infrastructure investment firm completes its first acquisition in Ireland

Etag, Dublin-based building materials firm: acquired by Foresight Group

Foresight Group, the British private equity and sustainable infrastructure investment firm, has completed its first acquisition in Ireland after agreeing an €8.2 million deal for Etag Fixings, a Dublin-based building materials firm.

Under the terms of the deal, Foresight will acquire more than 70 per cent of the shares in Etag Fixings as part of a management buyout from co-founders Paul Bonner and Damien Lynch.

Etag is a specialist building supply company which provided construction ...