Sunday 17 February 2019

Peter (79) and John Queally (81) set up Dawn Meats with their partner Dan Browne in 1980 and it has grown to be one of Europe's largest privately-owned companies. Dawn has about 20pc of the Irish beef market as well as a major European presence, including a 49pc stake in French company Elivia, which has a turnover of over €1bn. There is an option to increase the stake to 70pc in 2019.

The main company is unlimited and so does not file accounts, but back in 2006, sales topped €900m. Sales at their Arrow group were €499m in 2016, generating pre-tax profits of €37m, and there were €152m in shareholders' funds. Other assets in the family include a sewage treatment firm, the Glenpatrick Spring Water company, five-a-side football pitches, pet foods and commercial property.

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