Tuesday, August 08, 2006

Cosalt's catch for the future...

ONE of Grimsby's oldest and most traditional companies will be in new hands later this month.
Swede Per Jonsson will be at the helm of Cosalt, a company which has evolved alongisde the various industries it serves.
Formed as a co-operative of trawler owners, in 1873, the Great Grimsby Coal, Salt and Tanning Company as it was is a model of how to adapt.
It floated on the stock exchange in 1971, and despite the fishing fleet all but disappearing over the next decade, it holds strong market positions in the sectors it has developed.
Like another high-profile manager from Sweden, Mr Jonsson will inherit something with great tradition and pride, not to mention huge potential on the international scene.
As chief executive whe will work with a board that is convinced it has the right man in place.
I look forward to meeting him when he comes into office to find out how he plans to continue the evolution.

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