Green light for management buy-out at Calyx

The High Court has given the green light for a management buy-out at computer and telephony supplies group Calyx.

The High Court has given the green light for a management buy-out at computer and telephony supplies group Calyx.

Buyout vehicle Stornoway is headed by Calyx chief executive Maurice Healy and other senior management. They are backed by private equity group Alchemy Partners.

The buy out deal will become effective on Thursday.

Calyx employs 215 people and is headquartered at Mount St, Dublin.

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