At the end of 2015, Banner’s MD and owner, Mottie Kessler, was awarded Director of the Year Award by the UK’s Institute of Directors (IoD). In their January 2016 magazine, the IoD interviewed Mottie and with a special mention of the story about Banner Chemicals’ pivotal early days as a 2M subsidiary, it’s a must-read!
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Mottie Kessler, chairman, founder and CEO, 2M Holdings
Providing chemical distribution and related chemical services, 2M Holdings prides itself on supporting sustainable growth for other companies. Ten years ago, it faced closure; since then it has tripled sales and acquired a raft of other businesses. So what informs Mottie Kessler’s highly successful approach?
What’s been the most pivotal moment in your business journey? Buying my first company, Banner Chemicals, a business of 150 years’ history and then being told I had to close or relocate it, seven months after the purchase, to make way for the London Olympics. Rather than take the ‘quick cash’ out, I decided to relocate to the north of England.
2M Holdings vital stats
Business – 2M Holdings is a provider of chemical distribution and related services for purposes including emissions reduction and water purification
HQ – Runcorn, Cheshire Staff 230
Growth – The company has made 10 acquisitions in 10 years.
History – Founded by Kessler in 2004, 2M Holdings’ long-term aim is to grow an international chemicals distribution and services portfolio. Its HQ is in the UK and it has a presence in China, Benelux, Ireland, Poland, Scandinavia and Brazil.
Financial highlights – Turnover has risen 300 per cent in the past decade to around £110m.