BWG Group completes €23m capital investment programme for 2016
Group officially launches new €5 million state-of-the-art Value Centre cash and carry
Print5 December 2016
BWG Group completed a €23 million capital investment programme this week with the opening of a new state-of-the-art cash and carry facility in Dundalk, aimed at strengthening the group’s wholesale positioning in the North East region.
The new €5 million Value Centre in Dundalk, which will employ 27 people, comprises 60,000 sq ft and will service businesses across Louth, Cavan and Monaghan with a complete ambient, chilled and frozen offering.
Speaking about the investment Leo Crawford, Group CEO of BWG, owners and operators of the Value Centre network said: “The new facility in Dundalk will significantly improve our operations locally and allow us to upgrade our offering to customers. While this development provides us with a platform for potential growth in the future, it also strongly reinforces our commitment to the local economy.”
Recently, BWG reported a 14.5% increase in turnover to €1.4 billion and a 41% increase in operating profit. The results reflected the full year contribution of Londis, which BWG acquired in June 2015, and an initial contribution from Giletts in the UK, which the Group acquired in July this year.
The new Value Centre is situated in the former Littelfuse building on the Ecco Road in Dundalk, which has lain idle since 2006 when the electronic manufacturing business was moved to China after 40 years in the town.
BWG has also invested in continued upgrades across its retail and wholesale estate, and new innovations including industry leading technology solutions and supply chain enhancements.
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