A tree nursery in Sussex has become 100% employee-owned following its sale to a newly created Employee Ownership Trust (EOT).
The choice to become an EOT is prompted by a “want to safeguard the independence of English Woodlands for the future whilst acknowledging the success and expertise” of its team, says founder Michael Hardcastle. Managing director, Simon Johnson and sales director, Jo Carter will continue to lead the business, while shareholders have sold their shares to the EOT, but remain ‘fully committed’ to the business.
Read more at prolandscapermagazine.com