Equipment distributor installs salmon 1 billion euros, sales

  • Equipment distributor installs salmon 1 billion euros, sales
    Independent.t. E.
    Technology-distribution entrepreneur Frank salmon firm works to a five-year development plan, which plans to double its sales to €1 billion.
    https://www.independent.ie/business/technology/salmons-tech-distributor-sets-1bn-sales-target-37207111.html
    https://www.independent.ie/business/article37207110.ece/59b97/AUTOCROP/h342/2018-08-12_bus_43187845_I1.JPG

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Technology-distribution entrepreneur Frank salmon firm works to a five-year development plan, which plans to double its sales to €1 billion.

CMS distribution, which is headquartered in the city of Kiltimagh, co Mayo, has also reorganized its Dublin moving logistics functions serving this country and the UK in the UK and are opening a new international office sales and support in Dublin in Smithfield, for which he recruits sales people and data scientists.

The business which employs 350 people at 12 locations, here in the UK, the Netherlands, Sweden, Spain, France, Australia and China – saw record profits in search announced in may last year, the turnover increased by 38pc to €510 million and income 40pc to €19.6 m.

Speaking to the Sunday independent, the salmon said, “has achieved record sales, my management team and I made a five year plan to double our sales to € 1 billion by the end of 2022.”

Asked whether he would agree to hold an IPO of the business at this stage, he added: “if we succeed, it will open up some options for us. The IPO will be one of those”.

Reorganization in Dublin involved a loss of about 12 jobs in the logistics sector in Ballycoolin, about 12 new Smithfield office is created, said salmon, who is a former ey “entrepreneur of the year” finalist.

Asked whether the business strategy for the Internet, a quarter or a month, salmon added that it may re-open here a function to serve this country in case of need. He already has a warehouse in Amsterdam plays a key role in logistics, serving Continental Europe.

CMS is the largest independent distributor of data storage, networking and infrastructure solutions in the UK and Ireland, serving more than 50 manufacturers and 2800 intermediaries.

She delivers business and consumer technologies. This 30-th firm in the business.

Last year saw the firm open new offices in Paris, Amsterdam, Stockholm and Madrid. She also acquired new technologies and accessories distributor TNS connect with Corkman Liam Casey’s company, PCH.

Salmon, who is based in the UK, is a sponsor and co-founder of the youth entrepreneur programme, which teaches children about business. Other co-founder tweak.com Jerry the first time, netwatch co-founder David Walsh, Ergo-founder John Purdy, and seek technology founder bill Walsh.

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