Gallagher buys Braun – The Nationalist by Suzanne Pender

The former Braun site has been bought by well-known entrepreneur and former presidential candidate Seán Gallagher in what’s been described as one of the country’s largest commercial property transactions in 2015.

The announcement came yesterday (Monday), following weeks of speculation and as exclusively revealed by The Nationalist last month.
new commercial property firm Clyde real Estate, headed up by Mr Gallagher, yesterday formally announced that it had purchased the former Braun facility in Carlow from Proctor and Gamble.
‘Clyde Real Estate has plans to develop the 30-acre site into a dedicated corporate and technology park, a mix of manufacturing with office and technology space,’ Mr Gallagher told The Nationalist.
‘This is an iconic site for Carlow and we are confident that Carlow has all the ingredients to attract industry and jobs, and that’ a very positive message for Carlow,’ he enticed.
Mr Gallagher confirmed that there has been ‘a good deal of interest’ among both foreign direct investment companies and indigenous Irish companies about the Carlow site. Mr Gallagher stated that the existing building was ‘Extremely well built and maintained by Protor and Gamble’, with the former factory’s main production area of 8,000 sq ft ideally suited to manufacturing industries, while the two buildings to the front of the site, the former canteen and office block currently connected by a corridor, were ideally suited to office space or production.

We have had a number of discussions with a number of potential tenants and also the IDA has brought a number of potential tenants to the area. The IDA has been very actively involved and we are very pleased with their commitment to our plans,” said Mr Gallagher.

He also described council representatives, officials and the local enterprise office as “extremely supportive” when his firm began to look as the possibility of purchasing the site earlier this year. He cited the supportive local authority, Carlow’s positive attitude to enterprise, the enormous success of IT Carlow, the site’s location with excellent road access to both Dublin and Waterford and the strong base of agricultural, manufacturing and technology industries that exist in the county as “hugely significant” in his purchase of the site.

“We see great potential for this facility and see Carlow as a great location for business,” he said. “Carlow has many positive attributes, including an excellent institute of technology, which will prove critical in attracting top-quality inward investment into an area. We look to working closely with the IDA, the local enterprise agencies and Carlow County Council and its public representatives to help attract companies and jobs to the site,” said Mr Gallagher.