IHF Diary

  • Dublin Branch Meeting
    15/11/2018 - 10:30am to 12:30pm
  • IHF Management and Council Meeting
    21/11/2018 - 10:00am to 4:30pm
log in to view »
05.02.2018

Celtic Linen chief executive Donald Campbell

Leading laundry provider Celtic Linen has acquired the massive Kildare based company Millbrook.

Celtic, which provides services to the hospitality and healthcare sectors will now have a second facility operating from Naas, Co Kildare in addition to the existing Wexford facility.

The newly merged business has an estimated value of €20m and speaking about the deal, Donald Campbell CEO of Celtic Linen said:

“The laundry and linen business demands determination and significant investment in state-of-the-art facilities to meet customer requirements in our core sectors. This transaction caps a period of significant investment for Celtic Linen during 2017. We have now completed a major upgrade to our Wexford facility investing in new, high quality textiles to improve the efficiency of our business and the quality of service for our customers. I want to take this opportunity to thank all of Celtic’s and Millbrook’s customers, employees and suppliers for their continued support.” 

Celtic Linen has also appointed textile industry veteran Tom Joyce as Chairman and a non-executive director of the Group.

Millbrook Linen founders, Karen and Keith Sheridan will also join the management team of the enlarged group. Funding for the acquisition was provided by Dublin-based SME private equity investor, Causeway Capital, with debt financing provided by Ulster Bank. 

Commenting, Keith Sheridan founder of Millbrook Linen said:

“We are delighted to be joining forces with Celtic Linen. This transaction enables Millbrook to offer a better service to existing customers and also provides nationwide coverage. Karen and I are delighted to be joining the Celtic team and helping the business to grow.”

 

 

 

 

« Back