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.
SWS takeover ‘within three months’
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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Place: BandonPlace: West CorkPerson: Kieran CalnanPerson: John McCarthyPerson: Tim O’KellyPerson: Tim CowhigPerson: Jim GalvinPerson: Gretta CrowleyPerson: Padraig EganPerson: Rose McHughPerson: John CarrollPerson: John ConnollyPerson: Philip LynchPerson: LynchOrganisation: SWSOrganisation: IAWS Co-opOrganisation: South Western Services (SWS)Organisation: IAWS CoOrganisation: IAWS PlcOrganisation: Premier ProteinsOrganisation: Greenore PortOrganisation: Cedest EngraisOrganisation: SWS groupOrganisation: DairygoldOrganisation: IAWSOrganisation: Oxigen
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