The former chief executive of failed contractor Rok is set to launch a new repair and maintenance vehicle in the private residential sector reported Construction News.
Rok, which had a £700 million turnover, collapsed last year.
Snook told the magazine that he understood the bitterness that continues in the wake of the company’s demise but insisted his new venture was about helping small companies benefit from his experience.
Snook said: “There are things I would have done differently with the benefit of hindsight and I’m sure that is true of a number of my former colleagues.
“Ultimately the business went into administration in the depths of the recession for a whole myriad of reasons which will become clear in the coming years but this is not the first business that failed in the recession and I’m sure it won’t be the last.
“Now I’m trying to use my knowledge and experience to help other businesses move forward.”
Snook said his new venture will take the form of a consortium, initially launching with up to 12 partners coming together around a national brand, 25 per cent of which is owned by the 59-year-old Mr Snook.
Each partner – local trade contractors that between them cover the whole of mainland Britain – buys a stake in the national brand in exchange for minority shareholdings in the lead company.
So far seven firms have signed up with Mr Snook.
