UK
MAG Laundry Equipment has celebrated its most successful year on record, following a 25% YOY revenue increase which has secured the company a prestigious SME Business Elite Award, a prestigious award programme that recognises the success and hard work of small and medium-sized businesses (SMEs) in the UK.
Receiving the award for the Best Commercial & Industrial Laundry Equipment Provider last month, MAG’s staggering growth and sound financial performance satisfied the judging criteria which focused on product development, customer satisfaction, business growth and expansion.
Supporting the award win, MAG has made several key appointments this year including an additional director to guide and scale the business through its period of expansion. This has led to operational improvements and efficient resource allocation within the business, enabling MAG to break into new markets, while continuing to support more than 10,000 care homes, 5,000 hotels and thousands of on-premise laundry rooms across the UK.
To accommodate its continued growth, MAG is set to relocate to a larger facility this year, uniting its smaller sites into a single, central hub. The new location in West Yorkshire will significantly expand production and operational capacity, while also offering space for a custom-built visitor centre designed to showcase MAG’s industrial laundry machines and provide live demonstrations for customers.
Commenting on the award win and the business’ growth, Managing Director, Mark Dennis said: “It’s an exciting time for us and the SME award recognises the hard work and dedication of the entire MAG team.”
“This year alone we have achieved so much, having experienced a record-breaking year while sustaining year-on-year growth, every year, since incorporation. My vision for MAG is to become the UK’s leading supplier of energy-efficient commercial laundry equipment and we are now in the perfect position to expand our market share and build this presence. We all look forward to what the future holds for the business and the new opportunities we can unlock.”
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