An interim examiner has been appointed to the Cara pharmacy chain, which is controlled by Dragon’s Den star Ramona Nicholas and her husband Canice.
lm Corporate Credit, which is owed €14m and made the examinership petition to the High Court, said that the chain, with 13 outlets, has been in “continuous decline” since 2018. It said it sought to have an examiner appointed in order to protect almost 170 jobs at the pharmacy company.
Ms Nicholas and her husband, with an address at Dungannon in Co Tyrone, opposed the application to have the interim examiner appointed to their business, which was founded in 2002.
The group’s business includes the pharmacy outlets and Abbey Healthcare, a firm that provides prescription medicines to nursing homes, long-term care institutions and hospitals. The HSE is its main customer.