Employee ownership: a successful succession route for food businesses

Watch the Employee Ownership Wales team’s latest webinar focused on employee ownership in the food industry. 

The Employee Ownership Wales team’s latest webinar focused on employee ownership in the food industry. 

 

If you missed the live webinar, you can watch the full webinar again in the video provided.

 

The future for this industry is challenging, but potentially exciting given increased interest in local products and further development of local tourism as a result of risk to overseas travel. Succession planning and skills retention will be key topics for many food companies, many of which are family owned which poses particular challenges for succession planning. 

The team were delighted welcome as speaker for this session Kees Huysmans, Managing Director at Tregroes Waffles, a Welsh employee-owned company. Kees delivered a very engaging and honest overview of his experience of employee ownership as a Welsh food sector business owner. He talked about why he chose employee ownership for the company using an Employee Ownership Trust, how it works, how it encouraged investment and the company’s experience so far.  

 

During the session, the Employee Ownership Wales teaalso highlighted another great food company case study – Riverford Organic Farmers, and outlined their journey to employee ownership. 

 

The session also focused on key considerations for growing food businesses across Wales with speaker John Taylerson.  John is Programme Manager for the Sustainable Scale-Up programme at BIC Innovation.   The programme is aimed at ambitious food and drink companies who want to grow.   

If you missed the live webinar but you’d like to learn more about the various employee ownership options and how your business could be supported by specialist advisers in the Employee Ownership Wales team, you can watch this webinar again or get in touch with our specialist advisors.

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November 12, 2020
We are very proud to have supported another successful firm, Wavehill, to switch to an employee-owned model. The Aberaeron-based social and economic research company has made the transition in order to cement its team-orientated ethos and business approach.