Armcon Limited, the British designed and manufactured volumetric concrete mixer supplier have announced that on the 1
st February they have transitioned to become an employee owned business run through an employee ownership trust (EOT)
Armcon Limited was founded in 1992 by Robert Armstrong and introduced the volumetric concrete mixer to the UK market. The company is synonymous with market leading products and world class aftermarket support and has grown from strength to strength since its inception.
The decision to transition to an employee owned business was taken after a long legal case with their American supplier which resulted in the US court ruling in Armcon’s favour. Mr Armstrong commented “With the court decision going our way and Armcon now an independent supplier of British made volumetric mixers I was keen to protect the company’s legacy and propel it into a new independent era where Internaional markets could be explored. I have no doubts that in the new M
QBE shops at Westpac for new Aus CEO 1 minute read 04 February 2021
QBE has appointed an “accomplished and highly regarded” senior executive from Westpac as the new chief executive of its Australia and APAC (AUSPAC) arm.
Current Westpac managing director for insurance Sue Houghton will jump ship to QBE as the big four bank offloads its general insurance, mortgage and life businesses to Allianz. Ms Houghton will join the group executive committee and report to interim group CEO Richard Pryce, who took over following the departure of Pat Regan.
“We are delighted to welcome Sue to QBE. She is a highly regarded insurance leader who is known for her sound judgement, resilience and adaptability as well as for cultivating talent, fostering diverse and inclusive teams and driving performance,” Mr Pryce said.