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East Midlands Chamber News

DNCC/Leicestershire Chamber Merger A Step Closer

Derbyshire and Nottinghamshire Chamber of Commerce (DNCC) members have given its Board of Directors the approval to pursue a merger with the Leicestershire Chamber of Commerce.

A vote on the issue – which was put forward as a special resolution at DNCC’s 2013 Annual General Meeting – took place earlier today.

DNCC members voted overwhelmingly in favour of the resolution, which gives the Chamber’s directors the remit to negotiate and agree to merge with its sister organisation in Leicestershire.

The proposed merger was also endorsed by Leicestershire Chamber members in a similar vote.

Talks to formalise the deal will open on 1 November.

DNCC Chief Executive George Cowcher said: “The result of today’s vote by DNCC members brings the proposed merger of the two chambers another step closer.

“Over the past 18 months, both Chambers have been working more closely together and the proposed merger is the logical extension of this.

“The due diligence has been done, so assuming Leicestershire members vote the same way, we will aim to wrap up the talks quickly to ensure the merger concludes as smoothly as possible.

“I think today’s vote reflects the fact that member businesses from both chambers recognise the value of merging into a single, three-county super-chamber.

“It will become the premier source of business information, support and other services in the East Midlands which is capable of influencing at a national level.”

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