Commer plans five-year expansion
It is the first major target set by Edward Walsh, who took over the family’s £40m Commer Group last October after illness forced his father Jim to retire.
The Tadcaster-based group’s commercial property interests includes Town & Village Hotels, which owns three North Yorkshire hotels, the George at Piercebridge, the Bridge House at Catterick Bridge and the White Rose at Leeming Bar. Edward, a former investment banker with Citigroup in London, is on the look-out for suitable acquisitions throughout the North to add to the portfolio.
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Hide Ad“Obviously the last few months have presented me with many challenges,” said Edward, “but having worked very closely with my father, I have a very good understanding of the business, and my banking experience is extremely useful.
“I see the hotels business as providing a very good opportunity for profitable growth.”