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The Aventas group, formerly the QUINN group, is a business group headquartered in Derrylin, County Fermanagh, Northern Ireland. The group has ventured into cement and concrete products, container glass, general insurance, radiators, plastics, hotels, and real estate. It was formed by Seán Quinn in 1973, developing from a small quarrying operation in Derrylin into a large organization, employing over 8,000 people in various locations throughout Europe. From 2004 the group saw great expansion throughout Europe, with radiator and plastic manufacturing plants in the United Kingdom, Germany, Belgium, France, Spain and Slovakia. The group property portfolio also includes hotel and business centres in Poland, Bulgaria, Ukraine, Turkey, and Russia. Its first venture into the cement industry was in 1989. The commissioning of its first container glass plant was in 1998. It acquired the health insurer Bupa Ireland in 2007. On 30 March 2010, following an application by the Central Bank of Ireland, the High Court appointed joint provisional administrators to Quinn Insurance Limited. In April 2011, a share receiver was appointed to Anglo Irish Bank (to which the Quinn Group owed over €2.8 billion), who took control of the Quinn family's equity interest in the Quinn Group. Seán Quinn and his family no longer have any role in the management, operations or ownership of the group. Seán Quinn was declared bankrupt in the Republic of Ireland on 16 January 2012. In November 2013, the group was renamed from QUINN to Aventas. ==Financial situation== As a private company registered in Ireland, it files annual statements with the Companies Registration Office. The last accounts were filed in October 2009. The company reported a net profit of €68.9 million for the year to December 2008, based on gross sales of €2,264.4 million. Although it had reported an operating profit in its two main divisions, insurance and non-insurance (e.g. Cement, Property) for each of the last 3 years, the company was impacted by significant provisions in 2006 and 2007. Despite the reported profit of €69.9 million in the year to December 2008, the Group's shareholders equity fell by over €220 million in the year, partly due to a €200 million distribution and other recognized losses that were not applied to the Income Statement but appeared directly in shareholders equity. Over the 3-year period to December 2008, the Group revalued upward its assets and investments by a net cumulative €306 million, which positively impacted shareholders equity. Over the same period it took a charge to equity of a net cumulative € 312 million due to adverse exchange rate movements. Further complicating the financial picture of the Group's financial statements is a collection of other related party transactions. In the year to December 2008, the Group reported an income of €150 million from the Quinn family and related entities, for services provided by the Group including: "the identification of sites for acquisition and development, the negotiation of purchase price, the negotiation and arrangement of financing, the engagement of developers and related professional advisors and the ongoing monitoring of the projects through the construction phase." For accounting purposes, these incomes, totaling €221 million in 2008, would have been included in the income statement that lead to the reported profit of €68.9 million in the year to December 2008. At the end of December 2008, the Quinn family and related undertakings had loans of €891.3 million to Quinn Group (ROI) Limited. The annual report for 2008 states in the "related party transactions" section that Group had taken a total of €888m of provisions related to loans given to family controlled property companies, investment and finance companies, and other family controlled companies. Of these provisions, €785.6 million related to the investment and finance companies which includes Quinn Finance Holdings, the entity that owned an economic interest of 15% in Anglo Irish Bank. Provisions of €888m accounted for against the €891m of loans, may indicate the family and the related entities may be unlikely to repay over 99% of these loans to Group. In April 2011 Kieran Wallace of KPMG was appointed as share receiver to Anglo Irish Bank (to which the Quinn Group owe over €2.8 billion) and took control of the Quinn family's equity interest in Quinn Group. Sean Quinn and the Quinn family no longer have any role in the management, operations or ownership of the Quinn Group. Quinn was declared bankrupt on 11 November 2011 in Northern Ireland; this was annulled on appeal but he was declared bankrupt in the Republic of Ireland on 16 January 2012. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Aventas group」の詳細全文を読む スポンサード リンク
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