SWS takeover ‘within three months’

IAWS CO-OP is expected to complete the takeover of South Western Services (SWS) of Bandon by the end of October, according to a source close to the negotiations.
Fri, 22 Jul, 2005 - 01:00
Brian O'Mahony, Chief Business Correspondent

The deal on the table is worth €70 million, of which €17.5m will go to the top 10 SWS executives.

It is expected that chief executive Kieran Calnan will pocket close to €6m from the deal.

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