Perthshire-based Land Rover Experience Scotland has become the country’s latest employee-owned business, after giving staff an 83% share in the company via an employee ownership trust (EOT).
The company decided to transition to employee ownership after working with Co-operative Development Scotland (CDS), part of Scottish Enterprise, which offers support to companies considering their succession options via a 100% funded ownership review and employee feasibility study.
The off-road driving and training centre was established in 1996 and employs 28 people, all of whom now have a stake in the business.