Ryebrook becomes an Employee Owned Company
Ryebrook Resins Flooring Ltd, who were a pioneer in the installation of resin floors to industrial, institutional and educational clients became an “Employee Owned Company” on the 6th October 2020. Along with two other companies’ who together form a holdings group, founded in 1989.
The three companies, which make up the holdings group, and have all traded for more than 25 years, were handed over to an Employees Trust in a move to secure the jobs and future of its staff based at its Head office in Medway, alongside its 70 mobile technicians and licensees.
The Employee Trust board will be made up of Directors and employees of all three companies, plus an independent director.
During the handover of the Company to the Employee Trust, employees and contractors were thanked for helping with the growth and success of the companies through their continued contribution over the years to the businesses. It was felt that the setting up the Employee Trust would generate the security of everyone involved in the businesses and will reward them for their endeavours into their futures.