Lyreco invests €34m in new ambitious expansion plan
LYRECO, the third largest distributor of workplace products and solutions in the world, is expanding its Irish operation by investing €34 million in a new facility in Rathcoole.
The global firm’s Irish presence dates back to 1970, with the company celebrating over 50 years in Ireland.
Lyreco Ireland currently employs 94 people and the opening of its new facility in Dublin is expected to create an additional 50 jobs.
The business has the largest field-based sales force in the industry and its new premises will be the largest of its kind in Ireland, with innovative vertical storage technology and 50 per cent additional capacity on site.
Michael Milward, Managing Director of Lyreco UK and Ireland said the new premises in Rathcoole is part of an “ambitious expansion plan in Ireland that will see us increasing our partnerships with our customers”.
“By investing some €34 million, we are pledging our future to Ireland showing the depth of our ambition in this market.
“Expanding our business with our new facility will create more than 50 new jobs, while significantly expanding our range of partnerships with Irish producers.
“This will create added value and employment in the indigenous workplace solutions market, underscoring our contribution to the local economy.
“We have been quietly supporting and improving Irish businesses for the past half a century, but today’s announcement shows that we are ready to move onto the next level.”
Lyreco’s Irish clients include retail, industry, hospitality, healthcare, construction, and education, and the growing demand for home office and hybrid working.
The company stocks over 7,000 products in their Dublin distribution centre, with many available for next day delivery, and has access to over 3,000 additional products which are available for delivery within 48 hours.
These products span 18 categories including general office stationery and supplies, cleaning and catering, hygiene and personal protective equipment, technology and much more.
The company say it is working towards a strict set of environmental and social targets including zero waste to landfill by 2025 – the Ireland premises boosts 98 per cent zero waste to landfill currently.
