Aspire Park & Leisure Homes • 4 July 2019
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BUILT ON SUCCESS, AS ASPIRE MOVES TO EMPLOYEE OWNERSHIP Park and holiday homes manufacturers Aspire Park and Leisure Homes is now owned by its employees following its acquisition of a newly formed Employee Ownership Trust. Now all employees with 12 months service are owners of the business through the Trust and share in its financial success. Founder Richard Watson said, “We have a fabulous team at Aspire and the success of the business is a result of the dedication and talents of the whole team. When we heard about how an Employee Ownership Trust worked it was obvious that we should do this. We want every team member to benefit from our future success.” The sale to the Employee Ownership Trust ensures a smooth succession, maintaining the stability of the company and creates a lasting legacy for its loyal and skilled workforce within the local Porthmadog community. Anthony Richardson of Transaction Support Services advised the company on the transition to Employee Ownership Trust. Jamie Hawley of Aaron and Partners Solicitors provided legal advice and Stephen Harding and Cole Ashton of Beever and Struthers advised on tax.













