Sunday 25 August 2019

Redundancies next year if buyer is not found - Roche

Adam Cullen

The managing director of Roche Ireland has said the company remains dedicated to finding a buyer for its Clarecastle site.

The pharmaceutical giant announced on Thursday that it would be vacating its Co Clare manufacturing plant, putting some 240 jobs on the line.

The company expects a wind-down period of three to four years, but stresses that they are engaging with other pharmaceutical firms in a bid to find a buyer.

Speaking on RTÉ radio, Roche Ireland boss Gerry Cahill said if the company failed to find a buyer, the first redundancies would take place next year.

"Failure to find a buyer for the site, I suppose the first redundancies would be sometime next year," he said.

"The intent of us here really is to find a buyer. That is where all energy and all our activity will be focused for the next six to nine months.

"As you can understand, yesterday [Thursday] was a very difficult day for people on site here, so we really are trying to, I suppose, regroup. Nobody from this site was involved in the decision-making process."

Irish Independent

Editor's Choice

Also in Irish News