Employee Ownership

The 108 employees of a growing Scottish traffic management company have become its new owners. Apex Traffic Management, which is headquartered in East Kilbride and has depots in Dumfries, Ashford in Kent and will soon open a new depot at Portlethen outside Aberdeen, has completed a deal to transitio

Stirling-based Expert IT Solutions has announced it has transitioned to an employee ownership trust (EOT). Founded in 2002 by entrepreneurs Mark Lonnen and Gavin Glass, the company has grown significantly and is now a trusted provider of IT solutions to businesses large and small across the whole of

EPM Solutions, an expert in engineering asset management, has announced its transition to an Employee Ownership Trust (EOT). Founded in 2002, EPM has built a strong reputation in providing expert professional services for an enviable blue-chip customer base who operate in asset intensive, industrial

Optimum Underfloor Heating Ltd has moved to employee ownership via an Employee Ownership Trust (EOT).

Perth-based Christmas decoration company, The Corporate Christmas Tree Company Ltd, has been sold to an employee ownership trust (EOT). The company, founded in 1998 by Fiona and Charlie Cameron, trades under the names Christmas Direct, DZD, and Sparkling Lights. It supplies festive lighting and deco

Glasgow-based tour operator McKinlay Kidd, which projects turnover in excess of £8 million this year, has become employee-owned. Announcing the change of ownership, managing director Zoe Davidson, said: “After 21 years as a trail blazing tour operator, we are thrilled that McKinlay

Lanarkshire-based bakery and confectionery ingredients supplier R&W Scott has transitioned to and begun operating under an employee ownership trust (EOT). Under this new structure, all the company shares are acquired by the EOT for the benefit of its employees – allowing R&W Scott staf

Scottish motor vehicle repair garage Anderson Clark Motor Repairs has transitioned to employee ownership.

Aberdeen-based consultancy Aspect: The Strategic Communication Experts has become 100% employee-owned through a new employee ownership trust (EOT). The announcement, coinciding with employee ownership day, comes after significant growth under founder and CEO Andrew McCallum. The firm's revenues are

Employee ownership in Scotland is has rapidly accelerated, with nearly 300 employee-owned businesses having a growing economic impact, according to Lindsays. Lawyers at the firm have been involved in more than 20 deals in recent years where the control of businesses of all kinds has transferred to e

A new census commissioned by Scottish Enterprise has revealed that the agency is on track to meet the Scottish Government's goal of growing Scotland's employee-owned business (EOB) community to 500 companies by 2030. The census, conducted by academics from the University of Leeds, University of New

Fife-based multi-disciplined contractor T&N Gilmartin (Contractors) Ltd has transferred its entire shareholding to an Employee Ownership Trust (EOT), making its workforce of approximately 90 staff part owners of the business There are now nearly 200 EOTs trading in Scotland – a marked incr

In a move securing its long-term future, Edinburgh-based 7N Architects has transitioned to employee ownership. The establishment of an employee ownership trust (EOT) sees founder Ewan Anderson transferring his entire shareholding to a trust representing all 24 employees, embracing a model often like

DITT Construction Ltd, a Shetland-based construction company, has transferred its entire shareholding to an employee ownership trust (EOT).

Consilium Chartered Accountants has advised EDC Group on the successful transition to an employee ownership trust (EOT). Consilium provided corporate finance and tax advisory services to the outgoing owners of the business who have now sold 100% of the company shares to the trust.