It might surprise many people to know that one of the fastest growing companies in the Yorkshire region only started on a small holding less than 40 years ago. Even people living close to the company headquarters in Halifax may unaware of the scale of their recent successes. The rapid rise of Leo Group, from a small mink farming business to major environmental and recycling company has been meteoric over recent years. In the last financial year, Leo Group pre-tax profits have increased by over £2 million to reach £7.3 million on annual sales of £59.6 million.
Over recent years, public and governmental concerns over anthropomorphic climate change have increased exponentially. This has given a big boost to environmental and recycling industries, but it has also led to increased competition in the sector. To be successful, companies like Leo Group must be competitive and invest in new technologies in a bid to keep ahead of their rivals. This is one area where Leo Group has been very successful, even managing to increase market share in this competitive market.
It is around 16 years ago that Leo Group managing director Danny Sawrij inherited the business from his father Leo, who the company name takes after. Since that time, a serious of acquisitions has seen them expand into animal by-product recycling and more recently electrical generation from biomass and bio-diesel production. Investment into groundbreaking technologies like these is not cheap, but it gives Leo Group an edge over the competition. Further investment in these areas will help to keep market share in the UK, and expansion overseas is a possibility for the future.
The company may be very successful, but it is also trying to improve the lives of less fortunate people with Leo Group Community Fund. Over the two years since the fund launched, it has donated over £250,000 to local charities and other good causes. Some of these are large charities like the Yorkshire Air Ambulance and Sue Ryder Hospices, but many of the smaller causes are groups that try to help children through sport or education. Over the summer, a team of 14 Leo Group employers managed to make over £18,000 in sponsorship for charities after completing the Leeds 10k road race.
Strong management, good acquisitions and targeted investment have helped to make Leo Group one of the most successful companies in West Yorkshire. You can read more information about the Leo Group success story online.