Monday 21 August 2017

Louth industrialist McDonald (79) netted an estimated €60m when selling two electrical companies to Glen Dimplex in 2002.

He had previously made a killing when backing Larry Goodman's bid to reclaim control of his beef empire, later selling his 9pc stake back to Goodman. His McDonald Industries had retained profits of €7.5m before going unlimited.

Online Editors

Also in Business