{"id":450344,"date":"2026-04-23T19:07:11","date_gmt":"2026-04-23T19:07:11","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/450344\/"},"modified":"2026-04-23T19:07:11","modified_gmt":"2026-04-23T19:07:11","slug":"magniers-confirmed-as-investors-in-e21m-rockwell-farm-purchase-in-co-tipperary-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/450344\/","title":{"rendered":"Magniers confirmed as investors in \u20ac21m Rockwell Farm purchase in Co Tipperary \u2013 The Irish Times"},"content":{"rendered":"

John Magnier<\/a>, the Coolmore<\/a> boss, has been confirmed as an investor in the company that successfully bought the 325-hectare (815 acre) Rockwell Farm<\/a> in Co Tipperary<\/a> last year. <\/p>\n

A new company, Bovinae Investments, which was incorporated last year, has registered its ownership of the various plots of land that made up the Rockwell Farm sold by the Spiritan order<\/a> with a guide price of \u20ac21 million.<\/p>\n

Rockwell, one of the largest farms in Co Tipperary, surrounds Rockwell College, the co-educational boarding and day school established in 1864 and run by the Spiritans.<\/p>\n

Bovinae\u2019s directors are Michael McElligott and Fintan Flood. McElligott is a founder of Tetrarch Capital, the firm that sold the Citywest hotel complex to the State for \u20ac148 million last year. <\/p>\n

A statement from a spokesman for McElligott confirmed that the Magnier family, who are behind the world-leading Coolmore bloodstock business, are co-investors in Bovinae. <\/p>\n

He said the company planned to expand the existing dairy operation in Rockwell from its current herd of 621 cows to 1,000 by 2029.<\/p>\n

\u201cBovinae was incorporated by Michael McElligott and Fintan Flood in 2025,\u201d he said. <\/p>\n

The spokesman said the company planned to focus on \u201clong-term investment opportunities in the dairy farm sector. <\/p>\n

\u201cWe perceived Rockwell as a once-in-a-generation acquisition opportunity and, following a competitive sales process, we were pleased to conclude this purchase in December 2025,\u201d he said.<\/p>\n

Following the purchase, the company \u201cdeveloped multimillion euro investment plans to grow the herd to upwards of 1,000 cows and to further enhance the farm\u2019s infrastructure and facilities. <\/p>\n

\u201cWe also received approaches from a number of interested parties and indeed initiated contact with a number of other parties about potentially partnering with Bovinae to grow the farm and its dairy herd. We are pleased to confirm we have agreed terms that will see the Magnier family coinvest in Bovinae,\u201d he said.<\/p>\n

\u201cOur focus is on ensuring Rockwell Farm will remain one of Ireland\u2019s premier dairy farms and a major contributor to the local dairy industry and economy.\u201d<\/p>\n

Sherry FitzGerald described the sale as a \u201conce-in-a-generation opportunity to purchase one of Ireland\u2019s best and biggest farms\u201d. It is not clear how much Bovinae paid for the farm but sources said bidding went in excess of \u20ac26 million.<\/p>\n

The proceeds of the sale are expected to go towards paying the cost of compensation of victims of abuse at schools run by the Spiritan Order.<\/p>\n

Sources in Tipperary said they expect Coolmore to provide assistance as Bovinae seeks to scale up investment in Rockwell. <\/p>\n

It has been reported that Magnier, his family and related Coolmore entities own more than 4,000 hectares (10,000 acres) of farmland in Tipperary, with most of that used for horses or as tillage land. <\/p>\n

A statement from the Magnier family said: \u201cThe Magnier family has huge respect for Michael McElligott and Fintan Flood and are pleased to support their ambition and plans for Rockwell Farm.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"John Magnier, the Coolmore boss, has been confirmed as an investor in the company that successfully bought the…\n","protected":false},"author":2,"featured_media":450345,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40],"tags":[9,10,73088,18,13,14,6,19,17,46276,11,12,15,16,5,1266,68340,2121,7,8],"class_list":{"0":"post-450344","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ireland","8":"tag-breaking-news","9":"tag-breakingnews","10":"tag-coolmore","11":"tag-eire","12":"tag-featured-news","13":"tag-featurednews","14":"tag-headlines","15":"tag-ie","16":"tag-ireland","17":"tag-john-magnier","18":"tag-latest-news","19":"tag-latestnews","20":"tag-main-news","21":"tag-mainnews","22":"tag-news","23":"tag-sherry-fitzgerald","24":"tag-spiritans","25":"tag-tipperary","26":"tag-top-stories","27":"tag-topstories"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116455593918151298","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/450344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=450344"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/450344\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/450345"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=450344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=450344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=450344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}