Offsite construction specialist, the McAvoy Group, has appointed its first CEO and a new MD, further strengthening its management team, and says it has plans to double the size of its existing business by 2025.
Eugene Lynch (pictured left), the company’s managing director since 2007, has taken up the position of chief executive; he will lead the Group’s expansion into the residential sector, and spearhead the investment, development, and launch, of a new offsite housing factory.
Meanwhile Mark Lowry (right) has joined as MD, taking full responsibility for the existing business and the continued delivery of its strategic growth plan. He has over 30 years’ experience leading highly successful companies in the construction industry. He was formerly Group director of CRH, the world’s second largest building materials group, with 90,000 staff and sales of €26.8 billion, and, prior to that, managing director of Northstone, Northern Ireland’s largest building materials and construction group, which includes Farrans Construction.
Orla Corr OBE, chair of The McAvoy Group, said: “This is a really exciting phase in the Group’s history. We aim to double the size of our existing business by 2025 – by retaining and expanding our market share in the healthcare, education, infrastructure, and commercial sectors, and growing our modular hire business. We are very pleased with how the market has received our launch into the offsite housing sector, which has generated a lot of interest and commercial opportunities for the business. Under Eugene’s leadership, we aim to be manufacturing around 1,000 new homes per year by 2023 under the Smart Living brand.
“As MD, Eugene has made an enormous contribution to the Group over the last 12 years, providing a solid foundation for the next stage in our growth, while Mark will be a tremendous asset as we implement our strategy throughout the UK and Ireland.”
Mark Lowry is a graduate in civil engineering, a Chartered Civil Engineer, and Fellow of the Irish Academy of Engineering, the Chartered Institute of Building (CIOB), and the Institution of Civil Engineers (ICE).