Theya founder Ciara Donlon takes new role after liquidator sells lingerie IP in €5,000 deal

Founder says the company has a future under new shareholders

Theya Healthcare founder Ciara Donlon

John Burns

The trademarks and website of Theya Lingerie, a firm based at UCD that produced underwear for post-surgical use, have been sold by its liquidators for just €5,000.

The company, whose founder was Ciara Donlon, entered the Scarp restructuring process at the end of 2022 but a rescue deal fell through at the last minute and it went into liquidation.