Cully & Sully has been sold to a US buyer...
Cully & Sully sold to US buyer - The Irish Times - Fri, May 04, 2012
Well done and good luck to them - but do you think this is a good or a bad thing?
There are plenty of benefits stated in the link but all I see is another successful indigenous company hoovered up by another foreign/multinational which may well see employment maintained and possibly even grow here, but will also mean profits being repatriated elsewhere.
Does this country have a future if successful indigenous companies are constantly taken over by major multinationals?
I don't think it does and I'd like to see any state investment in any company given in return for equity so that at least when these sell offs happen the state benefits.