Paddy Power buys nine Hacketts bookie outlets
GAMBLING group Paddy Power has increased its presence in Ireland after buying nine bookies from Hacketts.
The acquisition expands the number of outlets Paddy Power has in the Republic of Ireland to 232.
The shops bought by Paddy Power are located in Limerick, Dublin, Clonmel, Templemore and Tullamore.
They will all be rebranded under the Paddy Power name. The deal to buy the outlets is expected to close early in the new year.
Hacketts bills itself as Ireland's largest independent bookmaker and prior to the sale of the nine stores had over 50 outlets around Ireland.
The company behind Hacketts, Davisdorf, is unlimited and so does not have to file publicly available accounts with the Companies Office.
The directors of Davisdorf are Cyril Hackett and his wife Monica.
Its shareholders are two Isle of Man-based firms. Mr Hackett established the bookies chain in 1965.
In November, Boylesports said it had bought Tom Flood Bookmakers, acquiring seven outlets in the Dublin region. It will invest €3m in the shops. The acquisition brought to 192 the number of shops in the Boylesports portfolio.
Headquartered in Dundalk, Boylesports opened an office in London during the summer which will recruit staff to support the company's expansion of its digital operations.