Mitchell & Brown parent, TVD Group, prepares for ‘record year of growth’
Bolton-based TVD Group – home to British TV brand, Mitchell & Brown – has announced a new senior leadership structure as part of its ambitious growth plans.
The Group, which celebrated its 25-year anniversary last year, achieved a record-breaking turnover of £18.7 million in 2021/22 having emerged from the pandemic in a position of strength. It has also reported that Q1 of this year is “already surpassing budget expectations”.
As well as the internal restructure, TVD is investing significantly in the business, with an expansion to its Bolton HQ, including a new state-of-the-art showroom showcasing the latest technology available to the industry, starting next month.
As part of the new structure, company Co-Founder, Matthew Brown, will be taking up the role of CEO and will continue to oversee the business.
Lucia Maguire has been appointed Managing Director, having worked for the business as Head of Strategy for almost three years. In her new role she will work to oversee business performance, daily operations and help to formulate and facilitate the achievement of TVD’s ambitious strategic aims.
Matthew and Lucia continue to be supported by Directors Daniel Brown and Christopher Whitlock as well as the established senior management team. Going forward they intend to develop initiatives that provide greater employee involvement and engagement in the business.
Ms Maguire commented: “We are striving towards another record year of revenue, which is by no means an easy task in the current financial and geopolitical context, so a continued team effort and business resilience will be vital in creating TVD’s success.”
Within the first quarter of 2022, TVD Group has recruited six team members to the business and it continues to invest in resource throughout various areas of the business. This includes the HQ expansion.
Founded in 1996 by Jim Brown and his sons Matthew and Daniel, the TVD Group provides audio-visual solutions on both commercial and domestic fronts. Operating across six divisions, the family-run business is looking towards a record year of growth with B2B product sales and commercial installations continuing to perform strongly for the Group.