Gilbert-Ash is the latest contractor set to transition to an Employee Ownership Trust (EOT).
The £267m firm will be sold to its staff through an EOT created to enable employees to acquire, through the sale of shares by existing owners, a controlling interest in a company.
Gilbert-Ash Managing Director, Ray Hutchinson, said: “The recent success of Gilbert-Ash has, in many ways, been built upon the fact that we have been an employee-owned company for more than 50 years.“Moving to