Survival scheme for pharmacy group owned by ex-Dragons Den presenter saves 150 jobs

The judge praised the examiner for saving a significant number of “very important” jobs.

The judge will issue a written judgment later which will also address whether there should be disclosure of details of an employment termination agreement negotiated by two directors of the group, Ramona Nicholas (pictured), a former presenter of RTÉ’s Dragons Den, and her husband Canice, with Renrew Ltd. File photo

A High Court judge has approved a survival scheme for the Cara group of pharmacies which will see more than 150 jobs retained and more than €14m invested in the group.

Mr Justice Denis McDonald said today he was satisfied the relevant statutory requirements were met for him to approve the scheme for 10 group companies, with the effect they will exit examinership on Monday.