Tonic Construction Ltd has signed over 80% ownership of the company to its employees via an Employee Owned Trust in an exciting move rewarding employees and securing the future of the business
“This is a really exciting move for Tonic Construction, enabling us to realise our ambition to become a trans-generational business and guarantee inter-company loyalty and succession,” said Tony.
“The collective ownership by all the team, secures the future of the business and our core values, meaning we can long outlast the founders and senior team without the threat of a takeover or sale that could result in a dramatic change in business culture. This will preserve our valuable long-term relationships which sit at the heart of everything we do.
“We can now build confidently for the future, continuing to offer the whole team the very best opportunities. Thereby preparing to serve our clients’ next generation and by widening the ownership of the business to its employees it secures the future of the business, including its ethos, values and employees.”