The Quinn Group says that after almost two years of negotiations, its restructuring has been completed.
In a statement today, the group's chief executive Paul O'Brien said the conclusion of the restructuring represents the culmination of nearly two years’ complex negotiation and uncertainty for the company.
''By permanently removing over €800m of debt burden and placing the manufacturing businesses on a sound financial footing, we can focus all our efforts on implementing our plans for the business,” he added.
The completion of the restructuring comes after the recent sale of Quinn Insurance.
