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East Midlands Chamber News

Merger Of Chambers Set For Seal Of Approval

DNCC Chief Executive George CowcherDNCC President Tim Parker and James Bowie, his opposite number at the Leicestershire Chamber of Commerce, will sign the merger agreement at a ceremony at East Midlands Airport on 4 December.

The new Chamber will operate under a single group company, trading as Leicestershire Chamber of Commerce in Leicestershire and DNCC in Derbyshire and Nottinghamshire.

DNCC Chief Executive George Cowcher will become group Chief Executive. Current Leicestershire Chamber Chief Executive Martin Traynor will be transferring his responsibilities to Mr Cowcher and other directors during December and will leave the company in January.

Members of both Chambers voted overwhelmingly in October in favour of the proposal to merge.

DNCC is currently the second largest Chamber of Commerce in the UK in terms of the number of businesses it has in membership (3,200). Adding Leicestershire’s members (750) to the DNCC roll will not change that position, but will take it a long way ahead of the UK’s third largest Chamber, which is the North East.

Mr Cowcher said: “The signing brings to an end a long process of negotiation and due diligence and completes the merger.

“This development reflects the fact that member businesses from both Chambers recognise the value of merging into a single entity serving the whole of Derbyshire, Leicestershire and Nottinghamshire, which will become the premier source of business information, support and other services in the East Midlands, capable of influencing at a national level.

“The merger will allow the two Chambers to pool their resources to better meet the needs of businesses in the three counties, three cities and many towns within the covered area and beyond.

“It will also allow DNCC to extend its broad remit of services to its new members in Leicestershire and to enable the development of new services which reflect the increased impact the new enlarged Chamber will have.”