Press releases

22 new companies join Deloitte Best Managed Companies network as awards celebrate 10 years

  • 137 companies achieve Best Managed status in 2018
  • Total turnover of Best Managed companies now over €12bn
  • 26 of the 32 counties were represented by winning companies

22 new companies have joined the Deloitte Best Managed Companies network as the awards programme celebrates its 10th year. These companies join a requalifying network of more than 100 companies, built over a decade of the programme. The awards, in association with Bank of Ireland, culminated with the Best Managed Companies Awards symposium and gala, which was attended by over 1,000 people from the Irish business community.

The 22 new entrants were awarded their Best Managed status following a detailed qualification and judging process. This took into consideration the complete performance of the business, looking beyond the finances at criteria such as operational excellence, strategy and human resource processes.

Five of the new award winners were singled out for special recognition – PFH Technology Group was commended for best submission in Strategy, Phonovation Limited for Capability, and AROUND NOON for Commitment. These criteria are the three cornerstones of the Best Managed Companies Awards submission. Meritsoft was recognised for Best Overall Submission. Codd Mushrooms was the recipient of the annual IMI Award, and was commended for their business model execution and sharp focus.


Commenting, Deloitte Partner, Anya Cummins said:

2018 marks the 10th year of the Deloitte Best Managed Companies Awards programme, which has grown from 25 companies in year 1 to 137 in year 10. The programme represents companies from different industries with many industry-specific challenges but also common characteristics such as adaptability, innovation and ambition. Their stories are the stories of Irish business this past decade, and they are stories of resilience, recovery and confidence. We’re particularly proud to recognise those who have been in the programme since it began in Ireland, and whose performance across all key functions of their business has excelled.

Andrew Graham, Director, Bank of Ireland Corporate Banking said:

The Best Managed programme puts the spotlight on well managed companies that are generating strong returns, as well as growing their businesses through investment in technology, a customer centric approach and commitment to developing leaders of the future. The process and frameworks used by these businesses continues to serve them well in adapting to and succeeding in the dynamic and ever evolving global markets in which they now compete. We have been really impressed by not only the breadth of businesses but also their ambition, drive and determination. I have no doubt that they will continue to set the benchmark for excellence in the years to come and we wish them continued success.

Of the 137 companies recognised this year, Dublin, Cork and Antrim dominated the winners’ list. 40% of winners are Dublin-based, while Cork and Antrim both yielded approximately 10% of the winning companies. Overall however, 26 of the 32 counties were represented, showing the wide spread of business excellence around Ireland.

You can view the full list of winners here.  

The 22 first-time winners

 

Almac Group

Armagh

Life Sciences & Healthcare

AROUND NOON

Down

Consumer & Industrial Products

Braidwater Limited

Derry

Consumer & Industrial Products

Carroll Cuisine

Offaly

Consumer & Industrial Products

Codd Mushrooms Ltd

Carlow

Consumer & Industrial Products

Creagh Concrete Products Limited

Antrim

Real Estate & Infrastructure

Crest Solutions Limited

Cork

Manufacturing

Dennison Trailers

Kildare

Manufacturing

Edge Innovate

Tyrone

Manufacturing

GES Group (Grants Electrical Services (NI) Limited)

Antrim

Consumer & Industrial Products

GSLS

Dublin

Consumer & Industrial Products

Kayfoam Woolfson

Dublin

Consumer & Industrial Products

LotusWorks

Sligo

Consumer & Industrial Products

McCabes Pharmacy

Dublin

Life Sciences & Healthcare

Meritsoft

Dublin

Technology, Media, Telecommunications

Obelisk International Group Holdings Limited

Dublin

Energy & Resources

Ocuco

Dublin

Technology, Media, Telecommunications

PFH Technology Group

Cork

Technology, Media, Telecommunications

Phonovation

Dublin

Technology, Media, Telecommunications

PlanNet 21 Communications Ltd

Dublin

Consumer & Industrial Products

Ready Egg Products Limited

Fermanagh

Consumer & Industrial Products

The Merrion Hotel

Dublin

Tourism, Hospitality & Leisure

 

The following companies are celebrating a decade as Best Managed companies:

 

Ace Express Freight

Dublin

Consumer & Industrial Products

CDE Global Ltd

Tyrone

Technology, Media, Telecommunications

Clontarf Castle Hotel

Dublin

Tourism, Hospitality & Leisure

Galway Clinic

Galway

Life Sciences & Healthcare

H&K International

Dublin

Consumer & Industrial Products

KDD - Kevin Dempsey Distributors Ltd

Dublin

Consumer & Industrial Products

Musgrave Group

Cork

Consumer & Industrial Products

 

In addition to the new entrants and those that have featured every year since the programme began, 13 companies were presented with a “gold standard” accolade, having secured Best Managed status for four consecutive years, and 14 companies were awarded “platinum standard”, having won the award for seven years in a row.

 

Issued by Murray on behalf of Deloitte Ireland. 

About the awards

There are four different categories of Best Managed Companies award 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.                               

For further information please contact

Aoibheann O’Sullivan / Jill Farrelly

Murray

01 498 0346 / 0304

aosullivan@murraygroup.ie

jfarrelly@murraygroup.ie

Claire Quinn

Deloitte

087 9777783

cquinn@deloitte.ie

About Deloitte Best Managed Companies Awards

The Deloitte Best Managed Companies programme, 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 and independent process that evaluates the calibre of their management abilities and practices.

Programme sponsors are Bank of Ireland, the Irish Management Institute and the Sunday Business Post. For further information, visit www.deloittebestmanaged.ie.

International history of Best Managed Companies Programme

The Best Managed Companies Programme 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 also run in The Netherlands and Mexico.

About Bank of Ireland

Bank of Ireland Group is one of the largest financial services groups in Ireland. The Group provides a broad range of banking and other financial services. These services include: current account and deposit services, overdrafts, term loans, mortgages, business and corporate lending, international asset financing, leasing, instalment credit, invoice discounting, foreign exchange facilities, interest and exchange rate hedging instruments, life assurance, pension and protection products. All of these services are provided by the Group in Ireland, with selected services being offered in the UK and internationally.

The Group has the largest network of retail branches and ATM outlets in Ireland, as well as partnerships in the UK with the Post Office and the AA, engaged in the provision of consumer financial services. Corporate Banking and Global Markets conduct the Group’s international business, with offices in Dublin, London and the US, as well as branches in Paris and Frankfurt.

The Bank of Ireland Group is incorporated in Dublin, Ireland. Our Group Head Office is located at 40 Mespil Road, Dublin 4, D04 C2N4, Ireland.


To learn more about the winning companies for 2018, view our Best Managed Companies supplement that featured in the Sunday Business Post.

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