Scott Parnell Limited has transitioned control of the company to an Employee Ownership Trust.
The decision to restructure the company was made to ensure the company’s independence and to recognise the hard work and commitment of its employees.
Management of the company will be uninterrupted with founders Dave Scott and Steve Parnell retaining shareholding positions, and will continue to be involved in the business as directors of the EOT board of trustees.
Scott and Parnell started the company in 2012 in Witham, 11 years later the company is turning over £130 million and employing 170 staff across 10 locations. Focus on employees, customer service, supply chain relationships, innovation and sustainability remain a priority for the company.
Scott Parnell Limited said they would like to thank their employees, customers and supply chain for the support and commitment to their business.