We became an employee-owned company on 1st August 2018.

 
The founders and vendors of the company, Craig and Ruth Morrison, chose Employee Ownership as their preferred succession route for several reasons:

 

• A trade sale, particularly to an overseas buyer, would have put jobs at risk – secure employment for staff was a key goal.

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• The management team and staff were well placed to  successfully move the business forward, hence the vendors were confident the EO option would succeed.

 

• EO allowed the vendors to control the process including both the timing of their exit and terms of the share purchase by the Employee Ownership Trust.