Carrokeel sold to smaller rival Carr’s

CARROKEEL Seafoods, founded by Corkman Brendan Chambers, has been sold to its smaller rival William Carr & Sons.

Although the price of the deal was not disclosed yesterday, it will net millions for Mr Chambers, who owns the majority of Carrokeel, and ICC Bank, which is the only other shareholder.

The company, set up by Mr Chambers in 1987, has two production facilities in Killala, Co Mayo, where 85 people are employed. Mr Chambers said he expected 30 jobs to be created following the takeover.