Profits surge at Limerick's Derevoya following land disposal

The Limerick-based business, which operates 14 building supply outlets across Ireland, reported profits after tax of €55.3m in 2019

McMahon's was established in 1830 and is focused mainly on construction, property development and investment. Picture: iStock

Profits at building merchant Derevoya Holdings, owned by the McMahon family, surged in 2019 new accounts show.

property development and construction company Derevoya which also operate the McMahons Builders Providers business network