Financial and tax due diligence advisors to Eason in relation to the acquisition of Dubray Books.
Dubray books was founded in 1973 by Helen Clear and was subsequently acquired by her daughter and late husband, Kevin Barry, i 1988. Dubray emplys approx. 90 people accross Dublin and Galway.
Founded in 1866, Eason is Ireland’s oldest book retailer. The acquisition of Dubray has been facilitated by the injection of €20 million of capital into the Eason & Son retail business by Eason shareholders in 2019.
Eason intends to retain Dubray as a seperate brand with Dubray continuing to operate in its current format as a stand-alone division within Eason.
The BDO team advising on the transaction was led by Rory O'Keeffe, Partner, BDO Transaction Services.