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News Quinn’s discreet quarry purchases force Quinn Industrial Holdings to seek raw materials further afield

Quinn’s discreet quarry purchases force Quinn Industrial Holdings to seek raw materials further afield

Written by Global Cement staff 16 December 2019
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UK/Ireland: Sean Quinn has bought ‘substantial’ tracts of limestone-rich land in Cavan and Fermanagh on 99-year leases, giving him sole extraction rights, over the past three and half years since his final severance with Quinn Industrial Holdings in mid-2016, according to the Sunday Times. The purchases may have been aimed at strengthening his position in his campaign to re-attain control over the company. It has stated that it has succeeded in supplementing its on-site limestone supply with material from further afield. “These materials are of a higher quality,” said a Quinn Industrial Holding spokesperson.

Last modified on 18 December 2019
Published in Global Cement News
Tagged under
  • UK
  • Ireland
  • Quinn Industrial
  • Quarry
  • land lease
  • Purchase
  • Limestone
  • Supply
  • GCW436

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