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Winners of 2020 Best Managed Companies have combined turnover of €11.4 billion and employ 42,000 people

Nine companies have qualified for the first time in the 2020 Best Managed Companies, in association with Bank of Ireland. They join a network of 130 companies representing 27 counties across Ireland, with a combined turnover of €11.4 billion, over €3 billion in annual export sales and providing 42,000 jobs. The programme, in its twelfth year, culminated at a symposium and gala awards ceremony at Dublin’s Convention Centre this weekend.

Anya Cummins, Lead Partner for Best Managed Companies at Deloitte said:

We are consistently impressed by the organisations that qualify and requalify for our Best Managed Companies Awards programme, and the contribution that this important cohort of the economy make is highlighted by the turnover and employment numbers of the winning companies. While Irish companies across all sectors navigate issues such as talent acquisition and retention, continuing uncertainty around Brexit and regulatory challenges, the management teams of the winning companies have demonstrated their razor-sharp focus on their objectives, an agility to adapt in a disruptive market place and to innovate and use technology as a real differentiator for them.

The fast pace of disruption in the current marketplace makes it critical for organisations to maintain holistic, integrated strategies and seek long-term growth opportunities. Through the Best Managed Companies Awards Programme, we are working with applicant companies to help them focus on strategies that will drive sustainable growth for them into the future. We are celebrating 130 companies that are not afraid to be challenged on their strategies - in fact want to be challenged - and that have risen to the challenge.

The nine newly-qualified companies are: Ard Rí Group (Kerry), Burnside Eurocyl (Carlow), City Bin (Galway), Enet (Cork), eShopWorld (Dublin), Frylite (Tyrone), Iconic Offices (Dublin), Irish International Trading Corporation (Cork) and Toga Group (Dublin).

11 companies achieved Gold Standard at this year’s awards, having requalified for their fourth consecutive year and 13 companies were awarded Platinum Standard, requalifying for their seventh consecutive year.

Nikki Canavan, Senior Director, Bank of Ireland Corporate Banking said:

The Best Managed Companies programme is a unique opportunity for organisations to not only examine and improve upon their overall performance, but importantly to celebrate the hard work that their teams put in all year round. The programme has supported numerous indigenous Irish companies to re-evaluate and strengthen their business strategies and their growth and development plans. It is inspiring to watch such a vast number of companies requalify for this prestigious award and retain their position in this impressive and growing alumni of best managed companies in Ireland.

The members of this year’s judging panel were: Frank Ryan, Chair of the Judging Panel; Harry Goddard, CEO, Deloitte; Nikki Canavan, Senior Director, Bank of Ireland Corporate Banking; Siobhan McAleer, Commercial Director, IMI; Rose Hynes, Chairman, Shannon Group Board and Origin Enterprises; Feargal Mooney, former Chief Executive Officer of HostelWorld; and Colm O’Reilly, CEO, Business Post.

The nine first-time winners are:

Company

County

Ard Rí Group

Kerry

Burnside Eurocyl

Carlow

City Bin

Galway

Enet

Cork

eShopWorld

Dublin

Frylite

Tyrone

Iconic Offices

Dublin

Irish International Trading Corporation

Cork

Toga Group

Dublin

The Gold Standard winners are:

Company

County

2468 Group

Meath

Acorn Life Group

Galway

ActionPoint Technology Group

Limerick

Arkphire

Dublin

Atlas Travel - Corporate Travel Specialists

Dublin

Flynn

Dublin

Label Tech

Dublin

McAree Engineering Works Ltd

Monaghan

Openet

Dublin

Seopa Ltd

Antrim

Vizor Software

Dublin

The Platinum Standard winners are:

Company

County

Anaconda Equipment International

Tyrone

ByrneLooby

Dublin

Collins McNicholas

Galway

Henderson Foodservice Ltd

Antrim

Johnson & Perrott Motor Group

Cork

KCC Architectural

Dublin

KSG

Dublin

Mac-Group

Down

Mainline Group

Cork

Modular Automation

Clare

National Chemical Co. (NCC)

Dublin

TES

Tyrone

Viatel

Dublin

ENDS

 

Issued by Murray on behalf of Deloitte

 

For further information contact:

 

Murray                              (01) 498 0300

 

Orna Clarke                        087 677 0360

 

Aoibheann O’Sullivan           087 629 1453

 

Notes to Editors

 

There are four different categories of Best Managed Companies winners:

 

  • New Best Managed Companies: Companies that receive the award for the first time. These companies must go through a Phase I and Phase II Best Managed Companies Awards Programme application process.
  • Gold Standard: Best Managed Companies that receive the award for the fourth year in a row. These companies must go through a Phase I and Phase II Best Managed Companies Awards Programme application process.
  • Platinum Standard: Best Managed Companies that receive the award for the seventh year in a row. These companies must go through a Phase I and Phase II Best Managed Companies Awards Programme application process.
  • Re-qualifiers: Best Managed Companies, already in the programme that are not going for new, gold or platinum status. Companies applying for requalification must satisfy the programme eligibility criteria and go through a requalification review process in order to ensure that the companies continue to uphold the Best Managed standard.                               

 


About the Best Managed Companies

 

Best Managed Companies, in association with Bank of Ireland, promotes and recognises excellence in Irish/Northern Irish owned and managed companies. It is the only awards scheme on the island of Ireland that considers a business’ performance from every perspective. Entrants to the programme will compete for this designation in a rigorous process that evaluates the calibre of their management abilities and practices.

 

Programme sponsors are Bank of Ireland, the IMI and the Business Post. For further information, visit deloitte.ie/bestmanaged

 

International History of Best Managed Companies

 

Best Managed Companies originated in Canada in 1993, where it has been run successfully ever since and is the country’s leading business awards programme. In addition to Ireland and Canada, the programme is currently run in a total of 21 countries including China, The US, Southeast Asia, The Netherlands, Belgium, Germany, Denmark, Czech Republic, Italy, Sweden, Norway, Türkiye, Mexico and Chile, with upcoming launches planned in five other countries.

 

About Bank of Ireland

 

Bank of Ireland’s purpose is to enable its customers, colleagues and communities to thrive. The Group is one of the largest financial services providers in Ireland, offering a wide range of banking and other financial services and operating Ireland’s largest retail branch network. In the UK, the Group has long-established partnerships with the Post Office and the AA providing consumer financial services. The Group’s international business is conducted by its Corporate Banking and Global Markets teams operating from Dublin, London, and offices in continental Europe and the United States.