Nine Goodman companies made largely untaxed profit of €170m

Group’s ABP business will be hugely affected by the Mercosur trade deal

Larry Goodman’s Goodman Group is one of the most successful family-owned businesses in Ireland but it does not publish accounts that show its overall profit. File photograph: Eamonn Farrell/Photocall Ireland

Larry Goodman’s Goodman Group is one of the most successful family-owned businesses in Ireland but it does not publish accounts that show its overall profit. File photograph: Eamonn Farrell/Photocall Ireland

Nine companies in the Goodman Group made a profit of €170 million last year and had assets worth more than €3.45 billion, accounts filed in Luxembourg indicate. The bulk of the profits were booked in Luxembourg and were largely untaxed.

The group, founded by Larry Goodman (81), is one of the most successful family-owned businesses in Ireland but it does not publish accounts that show its overall profit.

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