At the end of the year Steve Parfett (pictured) is to retire from the cash & carry business that bears his family name and was founded by his father Alan in 1980. Stockport-based AG Parfett & Sons is now employee owned.
A statement issued by the board said: “Steve Parfett and the Parfetts Board have agreed that the time is right for Steve to step back, retire from the business and let the new team continue their energetic and effective stewardship of the business.
“The intention in 1980 was to run one modest cash & carry successfully. But initially under Alan Parfett’s guidance and latterly under that of Robert (Steve’s late brother) and Steve, assisted by sisters Barbara and Judy, the business has grown and prospered.” (There are now seven branches.)
“The family are proud of their achievements and the business that they and their employees have built. They are delighted to know that the company continues to be in good hands and can face the future with confidence and ambition.”
David Grimes, joint MD, thanked Parfett for his “valued support” and described his retirement as “the end of an era”.