We understand the Building Materials sector in Ireland and its unique challenges. Weakening demands, pricing pressure and tight credit, set against the backdrop of a global economic downturn, have contributed adversely to the sector's biggest challenge - diminishing margins. On the commercial side, challenges include customer retention, finding suitably experienced employees, potential market saturation, and health and safety.
To remain competitive, this sector will need to look at how best to manage its business costs, assessing opportunities for consolidation, mergers and acquisitions and, where appropriate, planning for the passing of business to the next generation.
Please do not hesitate to contact a member of the Consumer Business team with any queries you might have.