Ownership Associates

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Glasgow-based architectural firm Keppie Design has transitioned its entire shareholding to an employee ownership trust (EOT), making it the latest Scottish company to adopt this ownership structure. More than 100 staff are set to become part-owners of the business. Founded in 1854 by John Honeyman,

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Long serving Scottish motor dealer, Helensburgh Toyota has set out on a new journey under staff ownership after being sold to a trust formed by its 34 employees. The independent dealer that has held the Toyota franchise for over 45 years is recognised as one of the franchise’s top performers f

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Martin Precision Ltd, a precision engineering firm located in Lanark, has transitioned to an employee ownership trust (EOT) structure, coinciding with its 30th year in business. Founded in 1993 by William Martin, the company has cultivated a global reputation, specialising in the manufacture and sup

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Glasgow-based multi-service construction company, Tough Construction, has transferred its entire shareholding to an Employee Ownership Trust (EOT), marking it as the largest business in Scotland to do so. The company, established in 1974, specialises in projects for house builders throughout Central

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Scottish creative agency Dynam has transitioned to an Employee Ownership Trust (EOT), paving the way for its 16 employees to play a key role in the company's future decisions. Eleanor Neilson and Karen Green, co-owners and joint managing directors, have chosen this route as part of their strategic p

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Dundee and Aberdeen-based Fresh-Jet Catering Ltd, an inflight-catering firm, has moved into employee ownership. Fresh-Jet launched from Dundee in 2007 and has grown revenues to £2.7 million a year working with names which include many of the top airlines. Now its 37-strong team have become the

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The 10-venue Carlton Bingo chain has made the move to employee ownership following a positive rebound after the challenges and closures brought about by the pandemic. With locations in Inverness, Stirling, Livingston, Dunfermline, Buckie, Elgin, Fraserburgh, Dalkeith, East Kilbride and Partick in Gl

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Highland-based Caley Timber and Building Supplies has laid the foundations for further success and guaranteed the future of more than 20 jobs with a switch to employee ownership. Caley Timber and Building Supplies was established by Donald John Morrison in 2003, and with depots in Inverness and Uist

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Tayside-based civil engineering contracting company Kilmac Limited is adopting employee ownership – guaranteeing the future of 130 jobs. Kilmac Limited is being placed in an Employee Ownership Trust (EOT) by its founders Athole McDonald and Richard Kilcullen, 18 years after its inception.

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Linlithgow-based investment advisory firm Alan Steel Asset Management (ASAM) has adopted employee ownership following the wishes of its late founder, Alan Steel. After setting up ASAM in his hometown of Linlithgow in 1975, Mr Steele began looking at a succession plan which coexisted with his values

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Ownership of Kidzcare, an Edinburgh childcare company, has been handed over to its 150 dedicated staff in what is believed to be a sector first in Scotland. Kidzcare has announced its transition to employee ownership with 100% of the company shares now placed into an Employee Ownership Trust (EOT) b

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Dundee-based cable manufacturing firm ICS2 Cables has handed control and ownership of the business to its employees. Developing subsea, 5G Telecoms, Access Control, automotive and industrial sectors, ICS2 Cables achieved its second-best year despite managing supply shortages affected by the pandemic

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Ayrshire-based Microtech Group, an award-winning IT service specialist which supports NHS Scotland and a raft of blue-chip clients, has future-proofed its legacy by adopting employee ownership. Businessman Chris McMail turned down multimillion-pound offers for his business by opting to reward the em

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St. Andrews-based Lisle Design Ltd, a tachograph technology firm that has grown to a £2 million revenue firm in 15 years, has handed control and ownership to its team. The firm implemented the succession model with the support of an employee-ownership specialist, Ownership Associates.

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