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A property group has announced a demerger of its operations.
Shareholders at Stepnell Group have opted to split the construction, property management and property investment elements of the business.
The demerger will see shareholders Peter Wakeford, Tom Wakeford, Ed Wakeford and David Wakeford each owning companies within the current Stepnell Group which reflect their expertise.
Tom Wakeford will continue to lead Stepnell, the construction business with its existing leadership team, and Step Energy, the decarbonisation and renewables business.
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