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Wednesday 17 September 2014

Businessman trying to buy former Quinn firm ‘had life threatened on day his wife died’

Published 09/04/2014 | 13:35

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THE chairman of a firm trying to buy a former Quinn business had his life threatened last week – on the day his wife died.

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Kevin Lagan, chair of the Lagan Group, received a letter containing a threat that if the sale proceeds, the buyers “would not live to see the benefits of the sale”.

The Lagan Group has today confirmed that it will not proceed with the purchase of the Aventas Rooftiles business in Fermanagh.

Aventas is the rebranded company that emerged following Quinn Group's entry into receivership

“Over the past number of months we have been engaging with the local workforce and management to secure a stable and sustainable future for the employees in the former Sean Quinn Rooftiles business now owned by Aventas,” a spokesman for the Lagan Group said today.

“During this time various parts of the Lagan Group (and indeed businesses not connected to the Group) have sustained a series of criminal attacks on property and plant causing substantial financial damage.

“These were executed with the sole purpose of creating a toxic atmosphere of fear and intimidation in order to illegally dissuade potential investment and investors into the area.

“We have repeatedly said that it was only a matter of time before such attacks switched their focus from property and plant to people.”

Mr Lagan’s wife died last week, and he received the threatening letter on the same day.

“No business can be expected to operate under such duress when normal operational decisions could result in putting employees, directors and their families at personal risk,” the spokesman said.

The vigilante campaign is believed to have been organised by people sympathetic to the Quinn family and hostile to the company's new management.

One-time billionaire Sean Quinn has repeatedly condemned the attacks, saying those responsible are not acting in his name.

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