Unidare directors set for bonus boost

TWO directors of engineering equipment group Unidare will pocket close to €1 million for working on the sale of the company’s main asset.

Unidare plans to sell off its US business, ORS Nasco, for €68m and is considering selling its other assets before winding the company up.

For working on the sale of ORS Nasco, Unidare says it will pay a bonus of €640,000 to executive chairman Jack Hayes and €320,000 to finance director Kevin Gallen.