In a strategic move aimed at securing the future of its workforce and maintaining its exceptional service standards, George Roberts (North West) has announced the formation of an Employee Ownership Trust (EOT).
Effective, (February 26, 2024), this ground-breaking decision underscores the company’s commitment to its employees and customers, ensuring business strategy continuity and rewarding its dedicated workforce.
Establishing the EOT promotes employee engagement and commitment while providing long-term benefits from its ongoing success.
According to George Roberts, the move comes after carefully considering various succession plan options, including a third-party sale. Ultimately, the leadership concluded that the EOT would best serve the interests of both employees and customers.
Chairman George Roberts, who founded the business in 1992, expressed his pride in the company’s achievements over the last 32 years. He emphasised the EOT’s uniqueness within the industry and its potential to foster continued growth while allowing the loyal team to share in the company’s success for years to come.
“Since the business was founded in 1992, we have followed the strategy of keeping comprehensive stocks of high-quality products, sold and hired to clients both domestically and internationally via enduring personal relationships,” stated Mr. Roberts.
“I am extremely proud of the company’s achievements and feel strongly that the EOT will allow continued growth and the opportunity for the loyal team within the business to share in its success in the years to come.”
George Roberts will remain Chairman, providing continuity and drawing upon his over 50 years of industry experience. The company boasts a solid and established management team with extensive industry knowledge, supported by a network of technically minded salespeople covering the entirety of the UK.
With a turnover exceeding £50 million, George Roberts (North West) Limited supplies a diverse range of industries, including housebuilding, nuclear, oil & gas, formwork, defence, and general construction sectors.
Operating from a purpose-built 16-acre site in Liverpool, the company serves both domestic and international markets with its scaffolding equipment and systems.
The company’s product range includes tube, fittings, boards, and accessories, along with being a leading distributor of Genuine Layher, K/Lok, K/Stage Systems, Uniscaff Stair Towers, and System Temporary Roofs. Its success is built on a strong brand, unrivalled stock availability, and a reputation for high-quality, fully certified products maintained through an in-house HSEQ regime to ensure consistent conformity to all relevant standards.
Implementing the Employee Ownership Trust marks a significant milestone in the company’s journey, solidifying its commitment to its employees, customers, and continued success in the industry.