On Monday, June 30, Sean McElligott was in Berlin to finalise a major milestone. After nine months of confidential negotiations, he was selling Lynskey Engineering — a 61-year-old Irish business — to the Dussmann Group. While Lynskey Engineering employs 120 people and generates annual revenues of €60 million, it is now set to become part of a much larger organisation. The Dussmann Group is a global services company with 70,000 employees and revenues of €3.3 billion. It is acquiring the Irish firm through its technical division, Dussmann Technical Solutions. Six years ago, this division had bought another Irish firm, the…
Cancel at any time. Are you already a member? Log in here.
Want to continue reading?
Join today with an Annual membership and get full access to The Currency for just €200 (68c per day) or try monthly membership for just €5 for your first month.