Fire Engineering Consultancy Moves to Employee Ownership
OFR Consultants has transitioned to an employee-ownership trust (EOT) as the firm moves into its tenth year of operation.
The independent fire engineering consultancy, with offices in Edinburgh and Glasgow, now has a controlling stake owned by employees.
“Evolving into a partly-owned EOT secures the best path forward for shareholders and staff. It safeguards our entrepreneurial spirit, guarantees independence, and ensures we keep delivering outstanding projects, while leading the fire engineering discipline.”
Every colleague is now a beneficiary of the trust, with their interests represented by employee representatives on the board.
Author's summary: OFR Consultants transitions to employee ownership.
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