Shropshire based Lyreco has been awarded the ultimate accolade by its French parent company having been named Subsidiary of the Year.  The UK and Ireland operations, collectively know as WISE beat off competition from 29 other subsidiaries including France, Germany, Canada and Australia to be singled out as the group’s best performing company worldwide.

Based in Donnington Wood the company employs nearly 2000 people across the UK and Ireland, 650 of which are based in Telford.

It’s the 6th time WISE have won the award which was judged on a number of factors including business performance, structure and organisation of the company as well as the leadership of the management team.

Richard Ford, Managing Director for WISE said: “As a business we enjoyed a tremendous year in 2007 and that’s largely down to the people who work for us, they continue to do a consistently good job on a daily basis.  From great productivity in Logistics and Customer Services, superb cost control across our entire business, outstanding sales in our Corporate Accounts and Field Sales force, everyone played their part.”  We have a great team here in Shropshire and we are proud to have been recognised by the group worldwide in this way.”

Indeed, the company is no stranger to winning awards having picked up more than 30 assorted industry honours in the last five years for its products, staff training and its green credentials.