Jones Engineering is the type of company the Irish government wants to see. It’s indigenous, and a major player on European and global markets. It exports to 19 countries.  And it’s a high-quality business too. It hasn’t prioritised growth at all costs. While growing strongly, it has maintained a high return on capital and big dividends to its founders. But we’re in a world of international capital now, where a company’s origin is of less importance than it used to be. Jones has reached a size where it’s of interest to global investors. It was bought out today by Cathexis,…

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