Full coverage: Larry Goodman

The performance of companies acquired by Larry Goodman from fellow beef baron Bert Allen in recent years allows a rare insight into the otherwise secretive ABP Food Group. Its Wexford-based beef and lamb business is the latest to disclose information.

Denis O'Brien owns the Beacon Hospital, while Larry Goodman controls the Blackrock Clinic. So, what was the investment rationale for two wealthy tycoons to invest in private healthcare?

Urban Life, the housebuilding business run by Larry Goodman Jnr, has recovered from a 2020 slump thanks to a €20 million cash cushion and access to the family’s finances.

A large volume of shares in the owner of an oil field worth billions off the coast of Cork has just been acquired by one buyer. The seller of these shares has previously sold to Goodman and may have done so again.

Liquidator Myles Kirby has made a secret US move against Chicago based surgeon Joseph Sheehan over the alleged dissipation of €3.25m in Irish company assets. Evidence from a number of former directors may be subpoenaed.

With its robust performance, it is easy to see why there was a five year battle for control of the Blackrock Clinic. Now, thanks to a capital injection by Larry Goodman, it has paid off all of its €34 million bank debt.

The proposed €150 million redevelopment of the Setanta Centre on Nassau Street has a long and acrimonious history. A new High Court ruling means there is still a good stretch to go.

Competition authorities have just cleared ABP’s final takeover of both Linden Foods in Northern Ireland and Slaney in the Republic, which employ over 2,000 people. The northern half of this portfolio cemented growing profits as the pandemic hit.

Larry Goodman is a discreet man. He invests quietly, avoids interviews, and most of his businesses are controlled offshore. Now, his holding company has bought a further 2.5% of Providence Resources, which meant he had to disclose his ownership.

Ongoing changes to the corporate structure of Larry Goodman’s interests have allowed another glimpse into the value of his companies. After Luxembourg last year, the group has now pulled out of the Netherlands.