Companies
High Court approves €6.9m sale of insolvent HealthBeacon to US home appliances group
Creditors of HealthBeacon voted overwhelmingly in favour of a rescue plan for the embattled Irish medical device firm after it collapsed into insolvency last year
The examiner of HealthBeacon, the Irish medical device company which entered examinership last year, has secured High Court approval for a rescue plan that will see the business sold to Hamilton Beach Brands, a US seller of home appliances, as part of a €6.9 million deal.
Shane McCarthy of KPMG, who was appointed examiner to HealthBeacon last year after the company became insolvent, was given the green light by the High Court on Thursday to ...