Denvir Holdings (Argento)
Chief executive: Pete Boyle
Pre-tax profit: £14.3m Employment: 776 Pay bill: £7.7m 12-14 Corn Market Belfast BT1 4DD Tel: 028 9064 4606 www.argento.com
The company started out as a jeweller under the name Argento but also opened stores devoted to Danish brand Pandora. It has now sold 26 Pandora stores in Scotland and England back to Pandora adding £7m to profits. The move reduced the number of stores in NI to 26 — five Pandora stores and 19 Argento stores. That has led to investment in offices, the company explains: “Most recently, we handed over Laganview House to IT company Teamwork from Cork after a complete renovation. Other investments include a block on Queen Street which will be redeveloped into of 50,000 square foot of Grade A office, due 2023, and a 6,000 sq ft f listed office premises on Lombard Street.”
It also spent £4m on an aqua park and watersports resort, Let’s Go Hydro, at Knockbrackn Reservoir in Carryduff, which drew 56,000 visitors in its first year in 2018.