The Barry Group officially opened its new €1.5 million extension to its state-of-the-art central distribution base in Mallow recently. The new 145,000 sq ft unit was opened by the Minister for Enterprise, Trade and Innovation Batt O’Keeffe TD and will help accelerate the Group’s three-year growth plans which include doubling the number of Carry Out specialist off-licence stores by 2012.
Barry Group Managing Director Jim Barry (a Finalist in the Ernst and Young Entrepreneur of the Year Award 2010) stated, “This is a highly strategic investment for us and by amalgamating our central distribution base, we now have the opportunity to aggressively grow our core wholesale distribution business as well as cater for the extra volume created by our recent acquisition of Carry Out business of 50 specialist off-licences and the roll-out of Buy Lo, the new branded discount chain
This added capacity will enable us to explore other further growth and acquisition opportunities as they arise”.
Profit at the Group was up 12 per cent in 2009 to €3 million.