THE family of one-time businessman Sean Quinn have publicly outlined their position regarding the proposed sale of parts of their former company to a local consortium.

A deal by QBRC to purchase of parts of the Aventas Group is due to be completed by the end of next month. The company will buy the the construction industry supply (CIS) and packaging businesses following the completion of the remaining due diligence and legal processes.

Speaking for the first time about the deal, the Quinn family told impartialreporter.com this afternoon (Tuesday) of their intention to vigorously pursue the return of their former assets.

In a statement, they said: “The family’s proceedings against Anglo and Kieran Wallace are listed for hearing in the Commercial Court next April."

The Quinns are to seek to overturn what they say is "Anglo’s illegal takeover of the Quinn companies and unwind all actions taken since Mr. Wallace’s appointment".

"The sale of any Quinn companies or company assets, which would compound the illegality, will result in the family vigorously pursuing the return of those assets," said the Quinn family.