O’Flynn firm sells UK unit

The O’Flynn construction group yesterday confirmed that it has sold its loss-making UK-based firm that provides healthcare accommodation for seniors.

The sale by the Cork-based O’Flynn group of Shelbourne Senior Living Ltd is part of a process reached with Nama in February to dispose of assets and reduce liabilities.

A spokesman for the O’Flynn group yesterday confirmed the sale of SSLL but declined to state to whom the company has been sold and how much was received.