Fexco acquire stake in Online Teetimes

KILLORGIN-based Fexco have been on the acquisition trail again, this time snapping up a majority stake in Online Teetimes.

The Wicklow Town based Online Teetimes maintains a database of tee-off times for golf clubs across Ireland and sells green fees through its website teetimes.ie.

It was not disclosed yesterday how much Fexco paid for the majority stake, but the figure is believe to be in the millions.