Roofing Firm Looks to Future with EOT

Roofing firm looks to future with EOT

A Sheffield-based roofing company has secured its future by transferring ownership to its workforce. Martin-Brooks Roofing Specialists Ltd, which was founded in 1984 and delivers projects across Sheffield and surrounding areas, from minor repairs to complete re-roofs, has created an employee ownership trust (EOT) for its 60 employees, providing a framework…

Sheffield roofing company makes switch to employee ownership - Business Link Magazine

Martin-Brooks Roofing Specialists Ltd, formed in 1984 by Gerald Brooks and Jeremy Martin, has secured the future of the business with the introduction of an Employee Ownership Trust (EOT). The move sees the Sheffield-based company’s founders, which also includes John Elmore who joined in 1989, transfer ownership to staff.

Sheffield Roofing Firm Sold to Employee Trust - Roofing Today

A SHEFFIELD-BASED roofing company which employs 60 staff has looked to the succession of the business with the introduction of an Employee Ownership Trust (EOT). The move sees Martin-Brooks Roofing Specialists Ltd’s founders Gerald Brooks, Jeremy Martin and John Elmore transfer ownership to staff. The company says this new model will “secure the company’s future, maintain independence, reward staff and reflect the ethos of the business”. The new…