Warehouse property firm undergoes restructure
New core team at Onward Holdings Ltd
A commercial property company that has warehousing on Langthwaite Business Park has undergone a restructure.
Onward Holdings Ltd, which owns and manages a series of industrial properties across Yorkshire and North Lincolnshire, has a new core team.
It is the first major restructure since 1961, when the founder, Bill Storey, died. His four children took control of the business.
Two of the four families have now retired from Onward Holdings Ltd.
The new core team consists of third and fourth generation members from Ken Storey and Valerie Bloomer's families.
A statement from the company said, “Neil Storey and Stephen Bloomer are pleased to be bringing forward Will Storey and Kieren Bloomer into leadership roles alongside our valued colleague Gavin Parkin FCA, who now assumes the position of Finance Director.
“Martin Holden FCCA, Partner at Saffery, will continue his role as Chairman. Alongside our professional advisors Andrew Miller MRICS and Alastair Plant MRICS the new team will continue to innovate in new build developments, acquisition of sites for redevelopment, and continue to invest in our 3pl warehousing, now concentrated on our Castleford facility, the team there ably led by Paul Williamson.
“The new management team would like to thank the retiring directors for all their efforts over recent years, as well as the advisors involved with bringing this restructure to fruition: Park Place, Raworths, Brown Butler, Clarion and Schofield Sweeney. The team would also like to thank the Trustees – Rachel Tunnicliffe and Robin and Jonathan Lee – and long term funder Handelsbanken for their renewed support.”
Onward Holdings Ltd manages Warehouse 4c on Langthwaite Business Park.
