Event: Succession Options for Business Owners

Tuesday 30th January 2024, 12pm - Aberystwyth.

Succession Options for Business Owners

The event will highlight the various succession options available to business owners who wish to retire. Welsh law firm Morgan LaRoche will discuss the key aspects of trade sales and management buy-outs / buy-ins. CwmpasEmployee Ownership team will explore employee ownership trusts and how Welsh businesses can benefit from becoming employee owned.

We will also hear from representatives of employee-owned businesses about their experiences of employee ownership.

Lunch is included, as well as a chance to network with other businesses and professionals form the local area.

12:00 – 12:15: Arrival and coffee

12:15 – 13:45: Presentations

Morgan LaRoche – Trade Sales and Management Buy-outs/Buy-ins.

Cwmpas employee ownership – EO as a succession option

Case studies from EO businesses

13:45 -14:30: Buffet lunch and networking


Date: Tuesday 30th January 2024. 

Location: AberInnovation, Aberystwyth

Wales business succession event poster with date and venue.

Other News

With the original founders moving on, the ownership of the business will be transferred to Orchard’s staff from October 1st this year, when an employee owned trust will own and manage the company.
An Employee Ownership Trust (EOT) is a relatively simple way for a company to become employee owned and is far simpler to manage than allocating all the shares to employees individually.