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North Wales IT business embraces employee ownership

North Wales-based IT support services specialist Pro-Networks has become an entirely employee-owned business, following the retirement of Managing Director Paul Crudge who founded the company more than 20 years ago.

Any member of the Deeside company’s 35-strong workforce who has worked there for at least 12 months becomes a beneficiary of an Employee-Owned Trust (EOT), which holds shares on employees’ behalf as long as they remain an employee of the company.

New CEO Geoff Coote said: “By gifting his shares in Pro-Networks to the EOT for the ultimate benefit of our employees, Paul has ensured his positive and long-lasting legacy. Each and every one of our valued employees has a genuinely vested interest in continuing to serve our customers to the very best of their ability. We are very excited for what lies ahead.”

www.pro-networks.co.uk

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TechnologyReseller: 2021