‘We’ll invest more if a deal can be done’ – Ringfort homebuyers invited to discuss receivers

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The Co Meath house purchasers, who were asked to pay an additional €60,000 for their homes, have been concerned about building company Meathamatic going into receivership

The American businessman behind an insolvent firm which has left families concerned that a Co Meath housing estate will not be completed, has committed to putting more money into the development if a deal can be reached, his co-director has said.

Michael Joseph Elias, an American-born businessman, is a director and shareholder of both Spudmakers and Meathamatic. Mark Flynn, a co-director of Meathamatic, told the Business Post that the goal was to “get the project ...

 

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