Lisavaird Co-op shells out €10m in Glenmar Shellfish seafood business takeover

Lisavaird Co-Op has agreed a takeover of fellow West Cork business Glenmar Shellfish in a deal believed to be worth nearly €10m.

Glenmar’s management will remain in place as part of the deal, as will all 70 staff at its Union Hall and Blanchardstown bases.

“As Glenmar has grown in size and strength over the years, we knew that eventually we would be best positioned as part of a broader food group,” said managing director Mel Bendon.