Saturday 16 December 2017

INM sells education division including Independent Colleges

Business sold to company controlled by Barry Family

INM chairman Leslie Buckley (centre) with company secretary Michael Doorly (left) and Eamon O'Kennedy, chief financial officer.
INM chairman Leslie Buckley (centre) with company secretary Michael Doorly (left) and Eamon O'Kennedy, chief financial officer.

INDEPENDENT News & Media has sold off its education division to a company controlled by members of the Cork-based Barry family.

INM had been in negotiations to sell the business, which consists of Independent Colleges and International House Dublin, for some time.

The business was sold for an undisclosed sum.

The buyers are members of the Barry's Tea family - the business was founded in 1901 by James J Barry.

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