Warwick Ward makes the move to employee owned

Warwick Ward (machinery) Ltd. was founded in 1970 by Mr Warwick Ward and has grown into one of the largest stockists and suppliers of new and used earthmoving and material recycling equipment and spare parts in Europe.

Partnering with premium brands CASE Construction Equipment, TEREX Ecotec, KEESTRACK crushing and screening equipment and more recently TEREX Recycling Systems, the company provides outstanding aftersales support via a dedicated nationwide service team and depots in the North, Midlands, and the South.

The company recently announced that they have joined an ever-increasing list of UK companies to transition to being Employee Owned. As a result, employees of Warwick Ward will all profit individually from the company’s future success and benefit from representation on the board of trustees. No jobs are at risk as a result of the transition, and both owners will continue to take an active role in the business.

Ashley Ward, joint Managing Director at Warwick Ward, said: “This is an exciting new chapter for Warwick Ward (machinery) Ltd as we approach our 54th year of trading. Over the past six years or so, my brother and I have been working on a succession plan for the future of the business. After much research and consideration, we feel that the EOT model perfectly fits the business, our brand partners and ourselves. It motivates the staff, stability and continuity and ensures the legacy of Warwick Ward continues as we want it to.

“Over a substantial period of time, we have worked hard to put in place a fantastic senior leadership team in Simon Causier (Commercial Director), Matthew Godhard (Operations Director) and Russell Holmes (Finance Director), who are pivotal and responsible for the day to day running of the business. Matt and I continue to work closely with the senior team during this transition”.

Simon Causier, Commercial Director at Warwick Ward, said: “Having been part of the management team for the last 15 years, it has been an exciting and successful journey for the company. The way the business has evolved and grown over recent times has been phenomenal, and everyone at Warwick Ward has a huge amount of pride in the company and the utmost respect for Matt and Ashley and how they have strategically shaped the business since taking over from their father 23 years ago.

“The transition to being an EOT is a fantastic and exciting opportunity for all the staff and senior management team to play a pivotal role in the future success and continued growth of Warwick Ward, and we are all thrilled at the opportunities ahead”.

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