Pharmacy group seeks examinership to finalise a survival scheme

ELEVEN companies in the McSweeney pharmacy group, employing 95 people in Ireland, have urged the High Court to confirm examinership while a survival scheme is finalised.

The group’s companies in the North are not affected by the petition.

The companies’ have debts of more than €17 million with the bulk of that sum — more than €13m — owed to AIB, the largest secured creditor.