Eason completes acquisition of Dubray Books

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Under the terms of the deal, Dubray will continue to operate in its current format as a stand-alone division within Eason under the Dubray brand

Founded by Helen Clear in Bray in 1973, Dubray was acquired by her daughter Gemma and her late husband, Kevin Barry, in 1988. Dubray has been owned by the Barry family ever since.

Dubray employs about 90 people, has annual sales of over €9m and generates operating profits of roughly €0.7m. The current Dubray management team, led by Maria Dickenson, will continue to operate the Dubray stores.Eason said the deal for Dubray has been facilitated by the injection of €20m of capital into the Eason retail business by Eason shareholders in 2019.

Liam Hanly, CEO of the Eason Group, said the coming together of Eason and Dubray will help secure the future of two renowned Irish retail brands.

 

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How is this not a competition authority issue?

Like Reads of Nassau Street did for a while

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