Pictured: Fergal Leamy, CEO Glen Dimplex Group
Glen Dimplex expands with acquisition of a software business in UK. The company’s CEO, Fergal Leamy, is our Business Person of the Month February 2022, in association with KPMG.
The heating and industrial company, Glen Dimplex, has acquired SmarterDM which sells technology enabling hotels to control heating and thereby conserve energy. The Dublin headquartered company was founded in 1973 by Martin Naughton and colleagues. Today, it is a leader in the electric heating and renewable energy solutions market. It also holds a strong market position in domestic appliances, cooling and ventilation. It has over 8000 staff across 64 locations globally.
CEO of Glen Dimplex, Fergal Leamy, has headed up the group since July 2021, having joined the Glex Dimplex as COO in June 2019. He remarked then on the company’s plans for helping customers transition to a more sustainable world, saying: “I aim to build on the progress made over the last few years as we will look to pioneer and develop smart heating, energy solutions and appliances that allow our consumers live more sustainable lives in their homes and businesses across more than 50 markets around the globe.” This latest acquisition is in keeping with those aims.
Prior to that, he was Chief Executive of the Coillte Group from 2014 to 2019 and before that he worked for Terra Firma, a leading Private Equity house in London where he was responsible for the operations of a number of portfolio companies, including spending a significant period as CEO of Consolidated Pastoral Company in Australia.
Fergal began his career at McKinsey & Company where he worked with many leading consumer goods clients. He moved from McKinsey to establish and run Greencore’s US operations.
Business & Finance, Business Person of the Month