‘I founded my company at 50. Seventeen years later, I sold it for €68 million’
Since founding Merlyn Industries in 2000, Michael Hoyne has seen his shower enclosure business grow to sales of over €34m. It has thrived in boom, bust and Brexit. Just how did he do it?
Michael Hoyne does not look like a man who just that morning sold his business for tens of millions of euro. It is just after 4pm on Thursday when I meet him in his investment partner Broadlake’s office in Rathmines, Dublin 6.
Hoyne is wearing a casual blue checked shirt. He is good-humoured and relaxed as he tells me his extraordinary business story based in the most unsexy world of shower enclosures. Pete ...