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

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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

URL: https://globalcement.com/news/item/10223-quinn-s-discreet-quarry-purchases-force-quinn-industrial-holdings-to-seek-raw-materials-further-afield

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