Co Tipperary – Brogan Capital Ventures, the owner of the Dundrum House, Golf and Leisure Resort, has announced the immediate cessation of trading, resulting in the loss of 48 jobs. The company informed staff that the decision was made following a financial assessment by the new board, which determined the business to be loss-making and unable to meet its financial obligations.
The closure affects all public-facing facilities at the resort, including the restaurant, bar, golf course, driving range, golf shop, and leisure centre.
In a statement, Brogan Capital Ventures expressed deep regret for the “adverse impact of this decision” on its employees, members, customers, and the local community. The company stated that the closure was “unavoidable given the state of the company’s financial affairs.”
A 30-day collective redundancy consultation process with employees and their representatives is set to begin later this week. The company’s board has committed to working with its advisors to ensure all obligations to employees and stakeholders are handled appropriately and in line with relevant laws.
An independently operated IPAS centre located on the Dundrum House campus is not affected by the closure.
