Lancashire textiles agency in swoop for London firm
Overseen by Panaz Holding’s chairman, Tony Attard, Chase Erwin will likely be led by chief government officer, Lauren Stonnell, who has returned to the enterprise to speed up the model’s strategic progress targets.
Panaz, which has been primarily based in Lancashire for 35 years, will proceed to be managed by chief government officer, Rollie Attard, who’s answerable for main the corporate’s continued enlargement all through the hospitality, healthcare and company markets.
Specialising in crafted materials in refined color palettes for the posh residential and business sectors, Chase Erwin’s textile collections are primarily derived from natural textures together with silk, linen, cashmere and wool.
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Talking of the acquisition Tony Attard mentioned: “Panaz holdings is the company car that may drive the brand new group of corporations specialising within the Interiors materials business, utilizing each horizontal branding and vertical manufacturing methods. Chase Erwin suits into that technique as a result of it’ll use many current sources inside the Panaz group to develop the model.
“Each Panaz and Chase Erwin have been based in 1986 upon cultures of customer support and innovation. Whereas Panaz specialises within the business sector, leisure and medical, Chase Erwin is famend for designing and manufacturing fastidiously crafted inside materials that completely encapsulate the fragile fantastic thing about pure fibres. I sit up for working with Lauren and the Chase Erwin staff as we start our new partnership.”
With its flagship showroom in London, Chase Erwin has a longtime presence in Europe, America and Asia, with its luxurious materials distributed globally.
Lauren Stonnell mentioned: “That is an especially thrilling chapter in Chase Erwin’s wealthy historical past, as we embark on a brand new future with the assist of Panaz Holdings. This funding will allow us to considerably enhance our manufacturing capabilities, whereas concurrently increasing our providing by way of the event of latest textile and equipment collections.
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