Mannok, a manufacturer of a diverse range of building products for the Irish and UK markets, while employing over 800 people in the local Fermanagh, Cavan region, has been named as one of Ireland’s Best Managed Companies (BMC). The prestigious awards programme is led by Deloitte Ireland, in association with Bank of Ireland. The company, which demonstrated superior business performance for the third consecutive year, was recognised at an awards ceremony in Dublin on Thursday 14th September.
At the annual awards ceremony, in its fifteenth year, Deloitte recognised 130 indigenous companies representing 24 of the 32 counties across the island of Ireland.
The network of companies recognised has a combined turnover of €17 billion and €3 billion of exports sales, providing employment for over 53,000 people across Ireland and across a range of sectors – from manufacturing and tech to construction and food and beverage. A detailed judging process precedes the recognition, evaluating the entire management team and business strategy. The judges look beyond financial performance at areas such as a company’s environmental, social and governance standards, strategic planning, and talent strategy, when awarding Ireland’s top privately owned businesses.
Commenting on the award, Liam McCaffrey, CEO, of Mannok said,
“We’re proud to be named one of Ireland’s Best Managed Companies for the third year in a row, despite challenging market conditions. Our success is thanks to our dedicated team of over 800 people who remain resilient and committed to our mission of delivering quality products, excellent customer service, and driving growth through innovation and sustainability. Our recent achievements, like the FUELFLEX® Pyrolyzer, a world first technology significantly reducing our carbon emissions, and the advancements we have made in our manufacturing facilities as well as our progress towards green hydrogen generation and the future development of a decarbonised economy, showcase our commitment to sustainability, our local community, and our customers.
It is this commitment to growing a sustainable, responsible business that has helped us achieve this recognition along with other top performing companies in Ireland.”
Brian Murphy, Lead Partner for Ireland’s Best Managed Companies Awards Programme at Deloitte Ireland said,
“This year we’re celebrating 15 years of the BMC programme and the incredible companies that have qualified. Even though this year’s cohort faced into another challenging period, over the past 15 years we’ve seen how indigenous Irish businesses find opportunities in change. Strengthening governance and recognising the value of specialist expert advice on critical areas such as ESG were key discussion points in the coaching sessions. We also saw companies increasingly focused on innovation driving internationalisation. Despite the uncertainties of the past few years, the confidence of Irish businesses is clear as more and more are scaling their market reach internationally”.
There were eight newly qualified companies, 112 companies that requalified as a Best Managed Company, five companies achieved Gold Standard, and another five companies were awarded Platinum Standard.
Nikki Canavan, Senior Director, Head of Origination & Sustainability, Corporate Banking Ireland, and judging panel member said,
“Over the last number of years the companies in the Best Managed Companies network have shown huge strength in the face of disruption and uncertainty. This year in particular – a year that tested Irish businesses like never before – the judges noted the commitment, bravery, resilience and tenacity of the applicant companies.”
The members of this year’s judging panel were: Frank Ryan (Chair of Judging Panel) and current Chairman of the Board of IDA Ireland; Nikki Canavan, Senior Director at Bank of Ireland Corporate Banking; Feargal Mooney, Non- Executive Director and former CEO of Hostelworld Group; Sarah Murphy, CEO, Business Post; Colm Foster, Director of Executive Education at the Irish Management Institute; Ellvena Graham OBE, Chairman and Non-Executive Director, Ellvena is Chair of the Belfast Waterfront, ICC & Ulster Hall, Chairman of the Economic Advisory Group (EAG) in Northern Ireland, member of Senate & Senior Independent Governor of Queen’s University, Non-Executive Director Dale Farm, and Chairman Catalyst; Lionel Alexander, Chairman Intact Software, Board Member Fine Grain Property, Board Member at St. James’s Hospital Dublin and Chairman Advanced Manufacturing Centre Ireland.