Gatwick Diamond Initiative and Gatwick Diamond Business Sign Letter of Intent
The Gatwick Diamond Initiative and Gatwick Diamond Business have signed a Letter of Intent to explore a potential merger aimed at enhancing support for businesses across the region.
The agreement marks the first formal step towards forming a single organisation that would bring together the economic development and business membership functions of the two groups. A joint working period will now begin, with the intention of confirming a full merger in 2026.
Both organisations have stated their intention to begin a strategic collaboration throughout 2025. This phase will include consultations with members, stakeholders, and regional partners to assess how a unified body could serve the business community from South London to the South Coast more effectively.
Brett North, chairman of the Gatwick Diamond Initiative, said: “We’re laying the groundwork for something more joined-up – a way of working that makes life easier for businesses and brings more clarity and strength to the Gatwick Diamond’s voice. It’s about building something that meets the challenges ahead.”
The Gatwick Diamond Initiative currently focuses on attracting investment and driving long-term growth through partnerships with local authorities, educational institutions, and government agencies. Gatwick Diamond Business, meanwhile, has operated as a membership organisation for over 70 years, providing networking, support, and advocacy for businesses across the region.
The Letter of Intent reflects both organisations’ response to the evolving economic landscape and the demand for more streamlined, representative support for the area’s 45,000 businesses, including over 500 international firms across sectors such as aerospace, life sciences, and professional services.
Sally Brown, general manager and director at Gatwick Diamond Business, said: “This gives us a real opportunity to build something broader and better connected – something that really reflects where our members are headed and what they need in a changing world.”
Further announcements about the timeline, governance, and stakeholder engagement process will be made later in 2025.