Tag Archives: employee ownership trust (EOT).

West Yorkshire based car dealership, Cars 2, has been sold by its Shareholders to an Employee Ownership Trust (EOT). The deal was advised on by Castle Square Corporate Finance and Freeths, with funding from Barclays. The company had a turnover of more than £191m in its last reported annual accounts and this has grown to a reported £220m in 2024. ...

Glyn Hopkin Group recently announced its sale to become an employee ownership trust (EOT). The group, which has a £550m turnover, has 25 sites and employs more than 800 people, making it the largest EOT transaction in the franchised motor retail sector. When business owners are planning for a future exit, there are various options to consider. These include the ...