Construction project management consultancy will be owned by its employees and governed by a board of trustees
Consultancy CPC announced this week that it has transferred ownership to its employees.
The move was executed through an Employee Ownership Trust (EOT) – a government initiative that promotes employee ownership by allowing business owners to sell their shares to an employee-owned trust free from capital gains tax.
Over the past 12-18 months, shareholders of CPC have considered the options available regarding the future ownership of the business and how best to prepare for its next stage of growth.
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