The Belfast-based livestock nutrition company Devenish has tapped wealthy entrepreneurs and family offices across Ireland to support its recapitalisation, new company information shows. The confirmation statement published this week by Devenish (NI) Ltd, the central company consolidating the group, shows that nine new shareholders have acquired close to 10 per cent of the business. The document, which summarises activity in the capital of the company for the past 11 months, shows that these new backers have been issued with preference shares. As previously reported, Devenish modified its articles of association in 2022 to create this new class of shares in…

Want to continue reading?

Introductory offer: Sign up today and pay €200 for an annual membership, a saving of €100.

Subscribe

Cancel anytime.

Are you already a member? .