Windfall of €8m for family at heart of Atlantic Dawn fishing group

Atlantic Dawn, the Donegal-based international fishing group, has paid an €8m dividend to an entity controlled by the McHugh family who are behind the business. The dividend underscores how the group has continued to deliver a strong financial performance while keeping its turnover and profit details shielded from the public. Atlantic Dawn, headed by chief executive Karl McHugh, is one of Ireland’s largest fishing groups and estimated to control more than 7pc of the country’s entire fishing quota. >click to read< 17:40

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