Ireland’s largest fishing industry organisation, the Killybegs Fishermen’s Organisation (KFO), is to become a partner in a major floating windfarm project that could see billions of euro invested off the coast of Donegal.
Last Tuesday, the longest day of the year, Michael Coyne was standing in his gastropub in the coastal village of Cill Chiaráin in the Connemara Gaeltacht, looking out at six Galway hookers at Kilkieran pier. At this time of year, the Galway businessman would normally be explaining the game of hurling to overseas tourists in the traditional pub, with its tiled floor and old tobacco ads.
Global insurance broker Gallagher has entered the fast-consolidating Irish market with the purchase of Innovu, a private-equity backed brand that has been buying local brokers for the last four years.