Samco Agricultural Manufacturing was honoured in the prestigious Deloitte Best Managed Companies Awards Programme.
The family-run company, based in Adare, which demonstrated superior business performance, was recognised at an awards gala dinner in Dublin on March 6. More than 20 countries around the world are using the Samco System which was established by Samuel Shine some 18 years ago.
The awards, held in association with Barclays Bank Ireland, were attended by over 800 from the Irish business community.
Minister for Jobs, Enterprise and Innovation, Richard Bruton, gave a keynote address at the awards gala.
The Deloitte Best Managed Companies Awards Programme, in association with Barclays Bank Ireland, recognises indigenous Irish companies, which are operating at the highest levels of business performance.
Commenting on the recognition, Robert Shine, director, who accepted the award on behalf of the Samco team, said: “We attribute our success to 18 years of sheer hard work and commitment to the Samco System.”
Former CEO of Enterprise Ireland, Frank Ryan, chaired the independent judging panel that took a holistic approach to measuring company performance, looking at strategy, capability, commitment, and management performance, in addition to financials.
The Best Managed Companies Awards Programme is the only awards programme that considers a business’s performance from every perspective.
Commenting on this year’s programme, managing partner of Deloitte and judging panel member, Brendan Jennings, said: “Our congratulations to all those companies celebrating their Best Managed status. Whether receiving this accolade for the first or the seventh time, it is no mean feat, and it reflects a high level of commitment and capability.
In working closely with these companies for the best part of a year, it’s clear to see why they are being recognised as Best Managed.
It is a defined strategy, clearly communicated and executed; a belief in innovation in products and practices as a cornerstone of growth; a recognition of the importance of R&D spend; and an intuitive understanding of their marketplace.”
Samco ticked all the boxes.