Group A - Kidsons defends 'excellent year'
Kidsons Impey managing partner Peter Douglas has rejected claims that the firm is ‘not outperforming the market’, insisting that it has had ‘an excellent year’.
He said there was no link between its financial performance and the firm’s refusal to publish its results in line with a decision by Group A.
Observers had suggested Kidsons’ Blackburn office might defect if the merger with Moores Rowland falls through. But Douglas said: ‘There are no, and there have been no, discussions regarding this office leaving the partnership.’ Blackburn was part of ‘a very successful north-west region’ which Kidsons was planning to strengthen.
He said there was ‘no suggestion of any partners or offices leaving the firm’ and fears that problems over the two firms’ properties might delay the merger were ‘not a major issue’.
Kidsons’ Norwich office, referred to in last week’s report on the merger, left the firm in February and is no longer part of Kidsons Impey.