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Halewood International remains under family control

Published:  19 October, 2011

Halewood International has confirmed it will remain in its current independent form following the death of its chairman and chief executive John Halewood.

Halewood International has confirmed it will remain in its current independent form following the death of its chairman and chief executive John Halewood.

Directors at the Liverpool-based company have announced that the ownership and control of the group businesses will remain with the Halewood family in accordance with Halewood's wishes.

Halewood passed away in his sleep on October 15 at the age of 64.

Andy Smallman, managing director for Halewood International, said: "In losing its inspirational chairman, chief executive and majority shareholder, the group has undoubtedly suffered a huge loss. Our aim remains the same as before: to develop our sales and brands in the UK and overseas. We have a strong team in place to deliver Mr Halewood's and the family's vision.

"There will inevitably be a period of adjustment following our loss but we believe, as Mr Halewood himself believed, that the Group has a bright future. We are operating in a very challenging trading environment but, due to the strength of our brands, they are out-performing the market. Mr Halewood's family will continue to build on that strength to retain the position as market leaders both in the UK and overseas."

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