As the company eyes £25 million turnover, Huddersfield-headquartered graphic display specialist Leach has formed a new senior management team (SMT).
This follows the company acquisition by French-owned Chargeurs group, back in April.
Richard Leach, great grandson of the company’s founder, has stepped down as Managing Director to pave the way for Finance Director James Lavin to take over the reins of the company.
Mr Leach and co-director Jim Parkin will spend the next nine months supporting the new MD and SMT through this transitional period.
Adrian Wray, who joined the business in January as Head of Sales, has also been promoted to Sales and Marketing Director.
Elsewhere, there have been career advancements for three other key team members. Operations Manager Russell Wilson has become Head of Operations, overseeing everything from new product development through to installations; Company Secretary Paul Wadsworth is now Head of Finance; and Senior Project Manager Tom Foster has taken on the role of Head of Leach Inspire – the Group’s heritage sector brand.
The new SMT marks the start of a five-year journey towards Leach becoming a £25 million brand.
With latest turnover figures of £11 million, bold plans to more than double the size of the business are certainly achievable, said Mr Leach.
“Chargeurs is an innovation leader and a global manufacturing and services group with leading positions in its four markets and a customer portfolio spanning 80 countries,” he said.
“They have their sights set on worldwide revenues of €1 billion by 2022, so it’s no surprise that their aspirations for Leach are so ambitious.
“However, they have acquired the business at a pivotal point in our evolution. Established 127 years ago, Leach has stood the test of time because we have continued to innovate.
“With Chargeurs’ investment, the pace of this innovation, R&D, new product development and personnel advancement, will only accelerate.”
With the increased investment and opportunities on the horizon, new MD James Lavin addsed: “By leveraging the global networks of our new owners Chargeurs we’ll therefore be able to expand our offering – in the UK and overseas – meaning what could be perceived as steep growth targets are well within reach.”