On Wednesday September 16th ceda held their Annual General Meeting and Cedabond held an Extraordinary General Meeting.

Amongst other business, both respective memberships approved a special resolution for ceda and Cedabond to enter into a formal joint-venture.

In a joint-statement, ceda Chair, Derek Maher and Cedabond Chair, Mike Nunn confirmed;

“We are delighted that our respective memberships have voted overwhelmingly to approve the coming together of ceda and Cedabond. There is a natural synergy between our aims and objectives with everything we do being for our Members and the wider Industry.

“Whilst both organisations will remain with their independent identity, accounts and governance, in the short-term, work will be undertaken to closer align the two organisations’ resource and outputs to enable any transition to be as smooth as possible.

“We are extremely excited about what we can achieve together. We will collaborate, share knowledge and resource and lead this Industry through recovery and back to growth.

“We exist for our Members, are owned and governed by our Members and deliver for our Members and the Industry in the UK, every day. We now have the opportunity to do so much more, together.”