Westcotec joins growing number of employee owned firms

Westcotec switches to employee ownership under new managing director In a carefully-planned move, Phil has created an employee ownership trust, designed to reward team members for their loyalty over the years and to safeguard their future. At the same time, Phil steps down as managing director, takes up as temporary position as Westcotec chairman and […]

South West Oak Framed housing business chooses employee ownership

January 2019 has been a very busy month for us as we completed our second employee ownership transition. Westwind Oak Buildings Limited, the UK’s leading Oak framed housing business completed their move to employee ownership. Former owners, Rupert Newman and Lyndsay Newman sold 100% of their shareholding into an Employee Ownership Trust and now all […]

Pacific Building becomes employee owned

We are delighted to have managed the move by Pacific Building to employee ownership. Forty-five workers employed by Glasgow construction and fit-out company Pacific Building Ltd started 2019 in new roles as joint owners of the business as a result of an Employee Ownership Trust acquiring 100% of the company’s shares. Managing director and majority shareholder, […]

Employees take the wheel in business succession move.

    Jerba Campervans, a North Berwick campervan firm, has become the latest business succession to join the growing number of employee-owned companies in Scotland.  Co-ownership Solutions LLP managed the business succession transition with support from Blackadders LLP and the transition was supported by Co-operative Development Scotland (CDS). Founded in 2006 by husband-and-wife team Simon Poole and Catherine […]

Auchrannie Resort becomes employee owned

Co-ownership Solutions LLP are delighted to have worked with the shareholders and employees at Auchrannie Resort, and Burness Paull LLP, managing the transition to employee ownership. Located in Brodick on the Isle of Arran, Auchrannie is an award-winning resort comprising two 4-star hotels, thirty 5-star self-catering lodges, two leisure clubs, restaurants, a spa and Arran Adventure […]

Attleborough firm moves to employee ownership

After 40 years in business, directors at a civil engineering firm have decided to hand the company’s ownership to its employees.  Plandescil, which was launched in 1979, will be adopting a “John Lewis” business model to allow all its employees to become owners of the Company through an Employee Ownership Trust. Company directors are confident […]

Employees take over Perth playground equipment manufacturer

Tayplay, a manufacturer of rope, playground and climbing equipment for the playground and leisure industry, has announced it has become Scotland’s latest employee-owned business.  Advice and guidance relating to the structure of the deal was provided by Co-ownership Solutions. An employee ownership trust has bought a controlling interest in the firm and will hold the shares […]

Employee ownership for plant hire company

Co-ownership Solutions were delighted to help a plant hire business which was founded in Somerset and now operates more than 25 branches across the UK switch to an employee ownership model. Eagle Plant began trading in 1975, having grown out of a local Somerset building contracting business, and underwent a management buyout in 1994. It operates […]