€30m boost for Conduit’s Irish pair

EDDIE Kerr and Liam Young, the founders of Dublin directory inquiries company Conduit, have made almost €30 million from the sale of their investment stakes in the business they founded 10 years ago.

Conduit, the directory inquiries group, has been bought for €90m by a US directory inquiries group and a South African-based investment fund.

Conduit operates 11850 inquiries service in Ireland and carries out call-centre work for companies such as Vodafone in Britain and Aer Lingus.