Thursday 27 October 2016

Redundancies next year if buyer is not found - Roche

Published 14/11/2015 | 02:30

The managing director of Roche Ireland has said the company remains dedicated to finding a buyer for its Clarecastle site.

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The pharmaceutical giant announced on Thursday that it would be vacating its Co Clare manufacturing plant, putting some 240 jobs on the line.

The company expects a wind-down period of three to four years, but stresses that they are engaging with other pharmaceutical firms in a bid to find a buyer.

Speaking on RTÉ radio, Roche Ireland boss Gerry Cahill said if the company failed to find a buyer, the first redundancies would take place next year.

"Failure to find a buyer for the site, I suppose the first redundancies would be sometime next year," he said.

"The intent of us here really is to find a buyer. That is where all energy and all our activity will be focused for the next six to nine months.

"As you can understand, yesterday [Thursday] was a very difficult day for people on site here, so we really are trying to, I suppose, regroup. Nobody from this site was involved in the decision-making process."

Irish Independent

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