• Adare Group to become two separate businesses

        • Adare Group, a provider of Global Marketing Services and Secure and Essential Communication solutions is now entering the next phase of its evolution with the dissolution of Adare Group as of 31st July 2017. This will result in the two individual businesses, Adare International and Adare SEC, going forward as standalone companies.

          The Adare Group, under the leadership of Robert Whiteside, Adare Group CEO, has been through a series of non-core disposals, strategic acquisitions, several integration programmes and extensive international expansion and the result of this is two individual businesses in their respective markets.

          Robert Whiteside Adare Group CEO said, “during the formative years of Adare, the Group function provided very close, hands-on support, guidance and strategic input to its subsidiaries. We are now at a point, however, where we have two strong and quite different businesses, each with its own clear strategy and very capable management team, and so it is now time to move forward into the next exciting phase of our evolution.

          “Part of the ‘coming of age’ of Adare International and Adare SEC, means that they no longer have a dependence on their parent – the Adare Group; therefore, per our strategic plan and natural evolution, the time has come to separate Adare International and Adare SEC to create two independent businesses and dissolve the Adare Group function.”

          In the new structure, each of the businesses will be led by its own independent CEO - Andrew Dutton at Adare International, headquartered in Basingstoke and Richard Slee at Adare SEC, headquartered in Huddersfield. Whilst they will be separate entities, the ownership will remain intact as Endless will continue to be the majority shareholder in both businesses, albeit they will have separate, direct relationships and investment structures in each; and likewise, HSBC will provide their continued support via separate lending and banking facilities to each business.

          Robert Whiteside will become Chairman of both Adare International and Adare SEC where he will continue to provide support and work very closely with Andrew, Richard and their respective teams to further grow the businesses.

        • Stay up to date - Click here and register for FREE OEN online membership and enjoy unlimited access to a host of benefits including the exclusive members area of the website, downloadable business tools, current and back issues archive, priority breaking news alerts, weekly e news summary and the OEN app

        • Related Articles

        • New Brother UK label printing kit for network installers unveiled

          New Brother UK label printing kit for network installers unveiled

          Thursday 29th Apr 2021 by clareb
          Brother UK has launched a new all-in-one label printing solution for network infrastructure and cable identification in a move to support resellers supply the network infrastructure installer market. The PT-E550WNIVP portable Wi-Fi label printer is ...Read More...
          Sharp launches the ‘world’s largest’ 8K display

          Sharp launches the ‘world’s largest’ 8K display

          Wednesday 28th Apr 2021 by clareb
          Sharp has announced the availability of a new 120” 8K UV²A LCD electronic display for professional use - the 8M-B120C. The new large-format display is the largest 8K monitor available on the market, specifically designed to convey unparall...Read More...
          Lexmark launches Cloud Bridge Connectivity Suite

          Lexmark launches Cloud Bridge Connectivity Suite

          Tuesday 27th Apr 2021 by clareb
          Lexmark has announced the launch of Lexmark Cloud Bridge, a connectivity suite that empowers workplace flexibility.  Lexmark Cloud Bridge expands access to advanced managed print services (MPS) capabilities for direct enterprise custo...Read More...
                • About Us

                  OEN is the leading source of business news and information for buyers of office equipment, supplies and services within mid tier and up sized organisations. Our multi-platform approach delivers relevant, engaging and focussed content via our main printed magazine, bespoke guides and supplements, website, digital editions, apps, and newsletters with an unrivalled reach across the industry. A highly trusted and respected brand for many years, the print version of OEN last year celebrated its Diamond anniversary.

                  For our latest Media packs and more details on our range of services click here

                • View Latest Issue