Mergon Risk Report

🛡️ Financial & Liquidity

Mergon has been actively involved in financial activities to strengthen its business operations. The company engages in mergers and acquisitions, showcasing its strategy to enhance manufacturing capabilities and expand its market presence. Notably, Mergon does not show any signs of financial distress like bankruptcy or payment delays, maintaining a stable financial footing.

• Mergon acquired a UK firm on 🗓 March 3, 2022, aiming to expand its manufacturing capabilities.
• Mergon's acquisition of Weltonhurst was announced on 🗓 March 3, 2022, reflecting its growth strategy.
• Ireland's Mergon purchase of a UK blow molders reported on 🗓 March 3, 2022.

⚖️ Legal & Regulatory

Legal compliance risks are present for companies associated with Mergon, due primarily to legal actions related to employees or affiliates. While these incidents don't directly involve Mergon, they highlight a potentially challenging regulatory landscape that could impact its operations or reputation.

• A legal compliance issue related to a former employee was publicized on 🗓 July 3, 2024, by Midlands 103.
• The Irish Independent reported another legal compliance matter on 🗓 July 2, 2024, concerning references by a former employer.

📜 Innovation & R&D

Mergon has demonstrated a commitment to innovation, particularly in the sustainable sector. Their strategic partnerships aim to advance technological development in imaging and radar systems, highlighting Mergon's forward-thinking approach to R&D.

• On 🗓 April 15, 2024, Provizio partnered with Mergon to accelerate imaging and 4D radar technology.
• Mergon launched its first sustainability report for children on 🗓 November 20, 2021, which reflects its innovative outlook on engaging younger audiences.

🏅 Awards & Recognition

Mergon consistently receives recognition for its workplace environment and sustainability efforts. The company is repeatedly acknowledged as a leading employer, affirming its positive organizational culture.

• Mergon won accolades for being a best employer as mentioned on 🗓 September 22, 2024, by Business Post.
• Pat Beirne, from Mergon, was highlighted as Business Person of the Month on 🗓 January 9, 2020, by the Irish Times.
• Mergon was noted for its best employer practices on 🗓 February 16, 2020, during the IMR Awards Gala.