West Cork natural skincare firm enters voluntary liquidation despite taxpayer backing

Modern Botany, partly backed by Enterprise Ireland, had aimed to become a global player with a €10 million turnover

Simon Jackson and John Murray, co-founders of Modern Botany. Picture: Michael Mac Sweeney

A Cork-based skincare company that was aiming to raise €3 million to fund an expansion into Britain and Europe last year is instead winding up, new company documents show.

Modern Botany, which was backed by the taxpayer through Enterprise Ireland, has announced a creditors’ meeting for later this month to appoint a liquidator as part of a voluntary wind-up process.

The company was founded in 2015 by Simon Jackson and John Murray, and sold personal ...