Freight forwarder switches to employee ownership model
European freight forwarding firm, Espace Europe, has moved to an employee ownership model in order to secure the long-term future of the business.
The Lichfield-based business handles international freight operations across a number of sectors, including automotive, aerospace, plastics and packaging.
The switch also rewards the loyalty of the 15 staff members, many of which have been with the firm since it started 17 years ago.
The transfer of shares into an Employee Ownership Trust allows the employees to have a greater infl... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
