Sales: $1.0 billion
Key Personnel: John Coleman, non-executive director and chairman; Rik De Vos, chief executive officer; Chris Smith, chief finance officer.
Major Products: Household and personal care products manufactured as private label and its own brands that include Surcare, Clean and Fresh, McBride Direct, Limelite and Ovenpride.
Comments: Sales declined 5% at Europe’s leading provider of private label household and personal care products due to the impact of a weaker euro.
After a number of years of disappointing returns, McBride says it has entered into a “transformation phase under a new management team driving a new strategic direction.” The company’s plan centers on the following building blocks:
- Customer oriented service agreements aligned with channel requirements.
- Manufacturing excellence with customer integrated supply chain networks.
- Maximizing manufacturing efficiencies through structural supply agreements.
- Focus on the development of people, organizational capabilities and skills.
Iain Napier vacated his chairmanship at the end of June; John Coleman is now the firm’s non-executive director and chairman.