Family stake in Broderick’s slashed to 25%
State-backed investor BDO now holds remaining 75% of Dublin confectionery maker, following two years of steep trading losses
The family behind Dublin confectionery maker Broderick’s has had its stake in the business slashed following two years of steep trading losses.
State-backed investor BDO Development Capital Fund moved to protect a €6.35 million investment after losses hit just over €4 million in 2018.
The Broderick family’s 100 per cent ownership has been reduced to 25 per cent, with the BDO-led fund holding the remaining 75 per cent. It was written into the company’s...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team
Retailers hit by new restrictions call for the return of click-and-collect
Leading figures in retail and construction say they understand the need for the latest lockdown, but fear the cost will be substantial
Retailers warn 20k to 30k jobs could be lost in latest lockdown
Sector leaders call for state intervention in future rent disputes as businesses are stretched to breaking point
Retail’s grim year closes with the crash of Arcadia
Slow to adapt and recognise change while being hit hard by Covid-19, the big brands at the squeezed middle of the clothing business are in deep trouble
Restaurants, pubs and retail want clarity on Christmas
With Christmas just over five weeks away, should a Cork restaurant order turkeys, or a Dublin pub hire and train extra staff, or retailers countrywide order stock that may never sell?