independent

Sunday 20 October 2019

14 jobs saved as Ger Boland buys O'Leary dealership

David Tucker

WEXFORD businessman Ger Boland has bought O'Leary's Volkswagen which went into receivership last month.

WEXFORD businessman Ger Boland has bought O'Leary's Volkswagen which went into receivership last month.

The deal, for an undisclosed sum, has secured the jobs of 14 full-time members of staff at the Rosslare Road premises.

Tne new business will probably trade as Boland Volkswagen, given that the O'Leary family no longer have any connections with it.

Liam Dowdall and Sean McNamara of Smith and Williamson, joint receivers to O'Leary's had been operating the business as a going concern for the past few weeks as a buyer was being sought.

'We were delighted to be in a position to save 14 jobs and not interrupt trading activity. The purchaser was Gerard Boland of Boland's Wexford, successful motor dealers in the South East,' said Sean McNamara, acknowledging the support of Volkswagen Motor Distributors and AIB Bank in the process.

Ger Boland is currently out of the country and could not be reached for comment.

Boland's Wexford are alreadt dealers for Ford, Jaguar and Hyundai, and have another branch in Carlow.

O'Leary's Volkswagen connections dated back to the 1990s when Liam O'Leary moved his business from Bunclody to Enniscorthy.

O'Leary's, under directors Cormac O'Leary and his wife Pearl, expanded to open the new state-of-the art showroom and workshop on the Rosslare Road several years ago.

When the bank appointed the receivers last month, Mairead O'Leary said the move had come out of the blue to the family.

Wexford People

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