Packaging solutions firm Zeus announce €15m investment in Greenogue
By Maurice Garvey
GLOBAL packaging solutions company Zeus has announced a €27 million investment in new premises in Rathcoole and the UK which will create 80 jobs.
The Irish-owned company said an investment of €15 million will generate 50 new jobs at its Dublin headquarters in Greenogue Business Park, which will also see its presence in the city increase in size to 250,000 square feet.
The Zeus premises in Greenogue Business Park
Zeus already employs 150 in Ireland between Rathcoole and a centre in Cork, and 300 in total across 13 countries worldwide including Germany, Spain, Poland, New Zealand, Canada, China and Australia.
The company also said it is investing a further €12 million in its new premises in Bedfordshire in England, which will create 30 new jobs.
The group’s turnover last year amounted to €135 million, and turnover is expected to increase to €150 million in 2018.
Zeus has grown at a rate of 7 per cent to 10 per cent per annum for the last five years.
Brian O’Sullivan, Managing Director of Zeus, said the company is continually innovating, creating and driving comprehensive solutions that deliver for its clients, who have increasingly complex needs.
“It is this commitment to quality that has driven our recent growth, both in Ireland and internationally,” he stated.
“We are reaffirming this growth in the Irish and UK markets with a major investment in the two new premises. This mirrors our global expansion, having recently opened our Canadian site, a new and exciting market for Zeus.”
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