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08/05/2003
Glen Dimplex acquires Galaxy Showers
Glen Dimplex has acquired Galaxy Showers, a UK manufacturer of electric showers.
Galaxy, which has a turnover of £5 million, is located in Birmingham and was founded in 1996 by Mr Graham Tiso, its principal shareholder.
Glen Dimplex Chief Executive, Sean O'Driscoll said: "Entry into the UK and Irish electric showers market has been a key strategic objective for the Group. The Galaxy know-how and technology when combined with the Group's existing brands and customer base gives us the opportunity to create a significant business in this rapidly growing household product category."
Glen Dimplex, a privately owned Irish Group, has an annual turnover of €1.3 billion and employs 8,500 people worldwide, with 2,500 employed in Ireland (North and South).
The group has substantial electrical appliance manufacturing operations in Ireland (both North and South) England, France, Germany, The Netherlands, Hungary, Canada, Norway and China.
It has manufacturing operations in Ireland are located in Dunleer, Co Louth, Tralee, Co Kerry, Newry, Bangor, Co Down and in Portadown, Co Armagh.
(CL)
Galaxy, which has a turnover of £5 million, is located in Birmingham and was founded in 1996 by Mr Graham Tiso, its principal shareholder.
Glen Dimplex Chief Executive, Sean O'Driscoll said: "Entry into the UK and Irish electric showers market has been a key strategic objective for the Group. The Galaxy know-how and technology when combined with the Group's existing brands and customer base gives us the opportunity to create a significant business in this rapidly growing household product category."
Glen Dimplex, a privately owned Irish Group, has an annual turnover of €1.3 billion and employs 8,500 people worldwide, with 2,500 employed in Ireland (North and South).
The group has substantial electrical appliance manufacturing operations in Ireland (both North and South) England, France, Germany, The Netherlands, Hungary, Canada, Norway and China.
It has manufacturing operations in Ireland are located in Dunleer, Co Louth, Tralee, Co Kerry, Newry, Bangor, Co Down and in Portadown, Co Armagh.
(CL)
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Psychological assessment urged for selection of executives
As corporate accountability becomes a critical issue globally, HR professionals worldwide are demanding that psychological assessment methods become mandatory in the selection of board level executives.
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