EO Top 50
In 2014, the Finance Act introduced the Employee Ownership Trust (EOT) for company owners wishing to transfer majority ownership in their companies to all of their employees.
This gave a huge boost to employee ownership in the UK. Between 2014 and 2023, RM2 and the Employee Ownership Association recorded the largest employee owned companies in the UK, with the key requirement for inclusion being a minimum employee ownership stake of 25%.
By 2024, the number of companies that have become employee owned by adopted the EOT model had increased significantly.
In recognition of the EOT’s success, and to celebrate the tenth anniversary of the introduction of the EOT, RM2 has decided to update their data to only reflect companies that are controlled by EOTs and thus majority owned on behalf of their employees.
Check out who has made the EOT Top 50 list for 2024.
Inspired by the EO Top 50?
Have you been inspired by the EO Top 50, and think a switch to employee ownership might be right for your company?
Our employee ownership team has handled over 150 employee ownership transactions with an aggregate value of £1 billion. Our team is well is well positioned to guide your company through every stage of the employee ownership transition process.
