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Masonry specialist adopts employee ownership model

Image: Grayson — Grayson’s employees are now the sole shareholders of the business (image: Grayson)

Grayson has announced its full transition to an employee ownership trust (EOT).

The company is thought to be the first masonry specialist in the UK to become an EOT.

Introduced in September 2014, the EOT initiative aims to promote employee ownership by giving business owners the opportunity to sell their shares to an employee-owned trust, free from capital gains tax. 

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