As of 15 September 2020, Lee Parkin has completed a successful share transfer of Pendeford Metal Spinnings, becoming the new owner and managing director of the company.
After almost 40 years involved in the family business, Ralph Humphries felt like it was the right time to step down and enjoy his retirement. Commenting on the sale: “I’m happy to have found somebody like Lee to take the company forward. Someone who will protect jobs and maintain the integrity of the company with our valued customers as an absolute priority.
“I feel it’s a win win, enabling me to step down to enjoy retirement, yet finding a like-minded person with a similar attitude and passion towards continued success here at our Wolverhampton site.”
Having had 15 years industry experience, Parkin has worked in various sales and managerial roles with brands & manufacturers such as Pyrex, Viners, Onedia, Anchor Hocking, George Wilkinson and RTA.
In more recent years, Parkin has worked with SME manufacturers in homewares within a consulting capacity, while also owning a corporate gifting and procurement company.
Following completion, Parkin commented “I’ve known of Pendeford for many years and they’ve always maintained an excellent reputation within the industry, for being a reliable honest company with traditional values. I’m excited having the opportunity to take the company forward and very much to serving our valued customers.
“It is business as usual with our great team here in Wolverhampton and we’ll be investing significantly over the course of the coming weeks and months, in both additional personnel and site resources, that will allow us to meet the needs of our customers in an ever evolving climate.”