Tuesday 16 January 2018

Quinn is now Aventas

QUINN MANUFACTURING has renamed itself Aventas. The company said the name change was part of a wider initiative which led to the rebranding of the group's plastics business as Polycasa.

The company plans to rename all other divisions to remove the Quinn name.

"We are well into out third year since our group changed ownership and we have decided that the time is right to rebrand our business," said Aventas chief executive Paul O'Brien.

"While respecting the achievements of the past, we have chosen a name, Aventas Group, which puts a greater emphasis on looking to the future," he added.

RABBITTE'S ENERGY DEAL

LONDON-based financial advisory firm Sustainable Development Capital has been selected as fund manager for a new €70m Irish energy efficiency fund.

The firm will match the Government's €35m contribution to the fund with its own money, though the deal still has yet to be finalised. Welcoming the development, Energy Minister Pat Rabbitte encouraged energy efficiency projects seeking finance to apply to SDCL directly. He called the news "the next milestone on the path towards improving the investment market for energy efficiency projects in Ireland".

UCD HOLDS COURT

UNIVERSITY College Dublin has officially opened Ireland's first purpose-built university law school.

Named after Senior Counsel Peter Sutherland, the UCD Sutherland School of Law honours his achievements both as a UCD law graduate and on the world stage. The facility, which measures over 5,100 square metres, is located beside the lake on the university's Belfield campus. The largest lecture theatre in the €25m building will also serve as a ceremonial "moot court" where students can act out mock trials.

ASDA'S BLACK FRIDAY

UK SHOPPERS joined lengthy queues outside Asda supermarkets yesterday morning and charged into stores when doors opened at 8am, as the British grocery chain took on the Black Friday mantle from US owner Wal-Mart.

Shoppers at about 350 stores rushed to get their hands on bargain-priced items from televisions to tablets and bicycles, recreating scenes that have been commonplace across the Atlantic for decades.

"It was mental and by shortly after 8 o'clock most of the TVs and tablets were gone," said Bryan Roberts, an analyst at Kantar Retail.

Irish Independent

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