Belfast Telegraph

33. Denvir Holdings (Argento)

  • Chief executive: Pete Boyle
  • Pre-tax profit: £14.3m
  • Employment: 776
  • Pay bill: £7.7m

The company started out as a jeweller under the name Argento but also opened stores devoted to Danish brand Pandora.

It has now sold 26 Pandora stores in Scotland and England back to Pandora adding £7m to profits.

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The move reduced the number of stores in NI to 26 — five Pandora stores and 19 Argento stores.

That has led to investment in offices, the company explains: “Most recently, we handed over Laganview House to IT company Teamwork from Cork after a complete renovation. Other investments include a block on Queen Street which will be redeveloped into of 50,000 square foot of Grade A office, due 2023, and a 6,000 sq ft f listed office premises on Lombard Street.”

It also spent £4m on an aqua park and watersports resort, Let’s Go Hydro, at Knockbrackn Reservoir in Carryduff, which drew 56,000 visitors in its first year in 2018.

Denvir Holdings

12-14 Cornmarket

Belfast

BT1 4DD

Tel: 028 9064 4606

www.argento.com

 

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