MY grows with Gallagher buy

MY Holdings has expanded its pan-European manufacturing network with the acquisition of its first production facility in Ireland, the commercial and healthcare carton specialist Gallagher Printers.

The deal will enable MY to offer local supply to a number of the top 20 drug companies that have operations in Ireland.

MY European chief executive John Monks said: This strategic move is part of our think global, act local philosophy. We intend to double, if not triple, Gallaghers turnover.

Gallagher, based in Waterford, County Cork, has purpose-built 3,500m2 premises, but Monks said the firm could double its current capacity and add to its 40-strong workforce.

Were determined to continue our expansion in Europe, and elsewhere, by further investment and more acquisitions, said Monks.

Story by Rachel Barnes

Pictured: Monks acquisition trail