Newry concrete business goes on market with asking price of over £1.5m | News in Newry | Latest Newry News, Newry Sport and Newry Business for Newry City

Newry concrete business goes on market with asking price of over £1.5m | News in Newry

Newry concrete maker, Smith Concrete, including its substantial site and production facility, has been put up for sale as a going concern with an asking price of over £ 1.5 million.


Newry concrete business goes on market with asking price of over £1.5m | News in Newry - newry newspapers


The sale of the established family business is being managed by Bradley NI, the leading property agency which has offices in Newry, Belfast, Warrenpoint and Rostrevor.

Based at Greenbank Industrial Estate, Smith Concrete is a highly-successful mini-mix concrete firm operating across the island of Ireland.

It was established in 1984 by James Smith, a bricklayer who saw a market for the manufacture and supply of high-quality concrete products.

Today it employs over 17 people.


It's Time for Giant Events - EAB(1)


In addition to the successful trading business, the sale includes the company’s 2.1-acre site, its 7,500 sq ft production facility, a concrete batching plant, a modular main office building, an admin facility building, and machinery, equipment and vehicles.

Garrett O’Hare, Managing Director of Bradley NI, says, “This is a very successful trading business with a track record spanning over 40 years that the owners have decided to put on the market due to retirement.

“It is a rare opportunity for an interested party to acquire a company in this sector with such an established brand, strong client base, and expert team.

“We anticipate keen interest and would expect the asking price to be exceeded.”


Malone's Ice Cream Newry - ice cream van hire in newry - ice cream newry city


Jim Smith, Managing Director at Smith Concrete, comments, “We are excited to announce that Smith Concrete is now for sale as a going concern.

“We are proud of having grown the company to what it is today and believe the sale represents a fantastic opportunity for someone to take the business on, and take it to the next level.

“We are very pleased to appoint Bradley NI to manage the sale and thank them for the benefit of their expertise and support.”

Further information about Bradley NI is available here.

Further information about the sale of Smith Concrete is available here.


Keep up to date with all the latest Newry news today, what’s on in Newry, News in Newry, Newry Court News, Breaking News Newry and Today’s Newry News Now HERE.


Short URL:

Posted by on Aug 21 2023. Filed under Business, Community. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Leave a Reply

Find us on Facebook

Log in | Designed by Gabfire themes