Business introduces a new structure following five years of exceptional growth as Jim Nania is joined at the helm by a new senior leadership team.

Following five years of exceptional growth, including a £4m increase in turnover during the last 12 months alone, Stortford Interiors is excited to announce the completion of a management buyout.

The deal gives the new senior management team, which has a total of 28 years’ experience already working in the business, a shareholding of 75%. Jim Nania will remain as Chairman and CEO and retain a 25% stake in the business.

The strengthened team, which comprises Directors Scott Shearing, Steve Harvey and Jim Sheehan, will focus on continuing Stortford Interiors managed growth strategy, while Jim Nania will remain as CEO, supporting the new Board and ensuring strategic governance of the new business whilst maintaining long serving customer relationships.

Scott Shearing, Director at Stortford Interiors, said: “We’ve worked incredibly hard over the last five years to implement an agile growth strategy that can weather whatever market challenges head our way. During this period we’ve seen our turnover grow from £16m to £39 million, our teams gain strength and depth, and our portfolio grow in both range and quality. It is hugely satisfying to see this strategy paying off and the MBO is a natural progression for our company to facilitate increased opportunities as we continue to expand. As a business we will remain as flexible and agile as ever.”

Jim Nania, Chairman and CEO at Stortford Interiors, said: “It’s been nearly 30 years since we founded Stortford Interiors and I’m honored to have achieved what we have over that time. The new leadership team has been fundamental in getting the business to where it is today, and while I will continue to play a keen role at Stortford, now is the perfect time for them to join me at the helm in helping the business deliver on its next milestones.