This Irish motor dealership giant is about to go on a three-year investment spree
The Joe Duffy Group is the fastest growing retail motor dealer in Ireland and it wants to keep it that way.
ONE OF IRELAND’S largest motor retailers has announced plans to invest €20 million into its network of dealerships around the country.
The Joe Duffy Group is one of Ireland’s most recognised motor dealership brands and will kick off the investment spree this month with two new construction projects at the Airside Business Park in Swords.
The new developments are being built on the site of a dealership that was previously owned by former Apprentice star Bill Cullen and now managed by a business currently trading as HB Dennis.
Upon completion, the new facilities will be rebranded under the Joe Duffy name and house the group’s new Jaguar Land Rover facility and also a Volvo and Kia dealership.
Speaking about the announcement, Joe Duffy Group chief executive Gavin Hydes said the move showed the group’s confidence in the motor sector.
“This investment strategy is another essential step in our growth plans for the Joe Duffy Group,” he said.
“We look forward to these new state-of-the-art dealerships which further demonstrates our commitment to our manufacturer partners, confidence in the industry and our strategy to provide first-class facilities for our customers.”
Bill Cullen's former car dealership in Airside Business Park, Swords
The motor group currently has 14 dealerships in Dublin, Meath and Limerick that sell 15 different car brands, including Audi, Ford and Porsche.
Employee numbers at the company have been on the increase for eight consecutive years and surged by 50% over the past three years alone.
At present, the group employs 410 people and according to Hydes, this fresh investment should provide the opportunity to create even more new jobs.
The Joe Duffy Group is also expected to show an increase in profitability and turnover for the eighth consecutive year and has projected a turnover of €300 million for 2016.
