Booth Welsh has transferred ownership of the company into an Employee Ownership Trust (EOT), securing the long-term future of the business and placing its people at the heart of its success.
The company, based in Irvine, Ayrshire was founded in 1989, and has grown to employ more than 300 people, serving clients throughout the UK and internationally.
CEO Martin Welsh and the leadership team will all remain in their existing roles. The company says the move to employee ownership will secure the long-term future of the business and help attract and retain the best staff.
Martin commented:
"Employee ownership is something we've been planning for some time. Our people have always been at the centre of Booth Welsh's success. Today's announcement not only safeguards the long-term future of the company but also ensures that every individual within the business has a stake in our growth. This is about protecting our strong culture, building resilience and creating a positive future together."
Mark Lee, Booth Welsh Quantity Surveyor has been appointed as a Trustee Director on the EOT. The Trust will see that the company always operates in the best interests of the employees.
Mark says:
"The move of Booth Welsh into an Employee Ownership Trust model is an exciting time for both current and future employees. The EOT model ensures that our values will be recognised, and that we will have a shared purpose in shaping the company’s future from which we will ultimately benefit in its success. Importantly, this move secures a commitment to the long-term future of Booth Welsh within Ayrshire, whilst continuing to have a positive impact on the wider community."
Clients, partners, contractors, and suppliers can expect business as usual, with the additional reassurance that Booth Welsh's independence and employee-focused model will help strengthen relationships, foster innovation, and deliver lasting value.
The announcement reinforces Booth Welsh's commitment to growth, innovation, and collaboration, and marks the beginning of an exciting new chapter for the company.