Instarmac
Group plc is pleased to announce the appointment of Mark Shorrock as its new
Managing Director from 1 April 2020.
Mark has extensive experience
within the construction and manufacturing industry having served as Managing
Director for Parex UK for the past 13 years. Prior to that Mark was Managing
Director TECROC from 2002 and oversaw the sale of the business to the Parex
Group in 2007. The business grew from a turnover of £2 million to a £33
million operation in the UK.
The company was then ranked
within the top 10 performing business units in the Parex global group and in
2019, Mark oversaw the acquisition of Parex UK by the global chemicals company
SIKA AG.
Departing Managing Director, John
Holcroft, has been appointed as the new Group Chief Executive of Instarmac
Holdings Ltd and will be responsible for group’s strategic operations and
growth that will be delivered through investments and acquisitions to expand
the business portfolio.
John Holcroft said: “When we learnt Mark was available we acted
quickly! Mark has proven himself to be one of the best and most
experienced MDs in the industry and I am looking forward to working with him to
build on our success and to start the next chapter of Instarmac.”
Mark will be taking control of
the operational duties as MD from 1st April 2020 and his focus will be based
around succession planning and growth with a target to deliver a £70million
turnover within the next 4 years.
Mark Shorrock said: “I am very pleased to be joining Instarmac
as Managing Director. Instarmac is well respected within the industry as an
award winning market leader. I look forward to building on that success and
confident we can deliver the ambitious growth plans and future proof the
business for years to come.”
Instarmac Holdings Ltd is headed
up by John Holcroft, Group Chief Executive, with Tim Boniface, Group Finance
Director, Paul Butcher, Group Sales Director and Donna Heath, Group Company
Secretary, at their new 10,000 sqft, custom built, Group headquarters, in
Tamworth, which is due to be completed June 2020.
