Fitzgerald pub family toasts €66.4m restructuring windfall

The Fitzgerald family, which controls some of the best-known pubs in the country, has booked a dividend windfall of €66.45m.

The payout — detailed in the accounts for the family’s Ocsas Holdings vehicle — arose from the restructuring of the family’s business, which saw the hiving off of some of its best known pubs to a separate entity, Velves Ltd.

These included Dublin pubs the Big Tree, Kehoe’s, and the Quays, and the Louis Fitzgerald Hotel on Naas Rd.