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Builder O'Flynn ups stake in Blackrock

A subsidiary of Cork-based O'Flynn Construction now owns 10.7% of Blackrock International Land.

Blackrock is the company formed from a spin-off of the property assets of fruit group Fyffes.

O'Flynn Construction has increased its stake from just over 9% since July. It is a subsidiary of the O'Flynn Group, and is headed by Michael O'Flynn. It currently has assets of €2 billion.