CH&Co and HCM Group Merge
We are delighted to announce the merger of our parent company CH&Co and the HCM Group.
The new company will be called the CH&Co Group and it will be headed up by HCM’s CEO, Bill Toner, who will now be Group CEO, with CH&Co’s Co-Founders, Robyn and Tim Jones, continuing in their previous roles as Founder and Chairman respectively.
According to Bill Toner, the deal makes perfect sense for both companies. “This merger between CH&Co and HCM Group enables both companies to combine their assets and talent and have the financial strength to compete even more vigorously. We are so much stronger together but although we’re now a bigger company, we’re still made up of a number of smaller, well-established, high calibre brands focussed on providing excellent food and service.
Robyn Jones, OBE, explained that for her and Tim, the merger was an important element of determining the long-term legacy of the company they started in 1991. “As we’ve been working closely over the past months bringing the deal together, it’s become increasingly clear that the senior management teams of both companies are working well as one team and share the same values for client and customer relationships, corporate responsibility, and team development, and that’s good news for all our stakeholders. Whilst a merger like this will bring some inevitable change while we integrate our companies, that is also a time of opportunity for our teams as we adapt and fine-tune our focus on providing the best food and service to our customers and clients.”
Tim Jones explained, “We’re starting to see more consolidation in our industry, some of which is through new entrants to our market, and we want to be leading this because there are only so many opportunities to build on this scale. Between our two companies, we have an excellent track record of long standing client relationships and we’re now represented across a wider range of hospitality sub-sectors than either company was before, which also gives us the operational scale on a national basis to compete even more effectively.
“Both organisations have excellent client retention records and we have a very experienced management team across our new company with in-depth experience of mergers and acquisitions, and post-deal integration. We’re very confident that this merger will go smoothly and both companies will become even stronger as one entity.”
Discover more about the merger HERE