Monday 20 November 2017

Hynes (67) and his family sold insulation business Xtratherm to a Belgian subsidiary of Mohawk Industries for about €100m in December.

The Navan firm was nearly sold for €87m to Kingspan in 2006 but the deal was nixed by regulators. He also owns a 25.08pc stake in AIM-listed music publisher and rock promoter Papa Entertainment.

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