Madam, – Your article concerning the sale of the Limerick-based and Irish-owned Pallas Foods to the American food giant Sysco (Business Today, April 1st) made interesting reading. Pallas Foods started about 30 years ago and has grown very rapidly and profitably. Its commercial director states that even though the market is down 20 per cent it still expects to achieve decent growth in 2009.
Such an outcome would be a great achievement and given the record there is no reason to doubt that it will happen.
Perhaps some of our previously bloated and now rapidly deflating business leaders could take note of this example and learn.
– Yours, etc,