Spanish firm preferred bidder for Quinn Glass

Spanish firm preferred bidder for Quinn Glass

Vidrala, the Spanish glass giant, has emerged as the preferred bidder for Quinn Glass, the most valuable part of the manufacturing empire once controlled by the former tycoon Sean Quinn.

Vidrala is paying more than €400 million for the division, which employs 1,100 people in factories in Derrylin, Co Fermanagh, and Elton in Cheshire, England.

Staff in Derrylin were briefed on the deal in recent days. The move will be highly contentious in the border region, with...

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