Carroll ups his Greencore stake to 29.9%

LIAM Carroll’s decision to up his stake to 29.9% in Greencore has the property developer snapping at the heels of the convenience food group.

Previously, the Dundalk property developer, who become a multi-millionaire through his property group, Zoe Developments, held the 21.7% equity stake in Greencore which he bought from Dermot Desmond.

It was never clear why Desmond brought into the group out of which he made substantial profits when he sold to Carroll.