Bulletin

Power-tool firm keeps it in family with changes for management

Power tools - Power tool business being passed down the family - SantanderCB

Ownership of Elcocks Limited, a power-tool business in Fulford, is being passed down through the family to the grandchildren of founding director Claude Elcock, who began the company in 1971. Brother and sister duo Andrew Elcock and Claire Bedford are set to take over the reins, and thanks to a £500,000 funding package from Santander Corporate & Commercial, they are looking to expand the firm's hire fleet with the addition of the latest machines including new Hitachi power saws, sweepers and steam cleaners. The funding will also go towards investment in Elcocks' digital capability and online sales channel, as well as further staff training.

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

Other Articles

The new Apprenticeship Levy could help transport and logistics companies solve their recruitment problems and equip their workforces with…

Cornwall is a land steeped in legend but this salty business success story is no myth.

Santander Incubator social enterprise, Liverpool Girl Geeks, has secured £20k in Rosa funding to help them grow their programmes and…

Santander Incubator social enterprise, Liverpool Girl Geeks, has secured £20k in Rosa funding to help them grow their programmes and…

Travelstar European Ltd, one of the West Midlands’ leading coach hire companies, has moved to larger premises in Portland Street, Walsall,…

An experienced early years practitioner in Devon has secured the future of a local nursery by acquiring the business in addition to their…

Where Next?