CCS Group has been acquired by an Employee Ownership Trust
The board of specialist rail industry services provider CCS Group Limited has completed the transfer of ownership to an Employee Ownership Trust.
CCS Group is a leading multi-disciplinary managed support services provider to the rail industry. Its customers require safety-critical services to ensure the rail network continues to operate safely and reliably. It offers a comprehensive range of services including track maintenance and renewals, facilities management, critical resource training, construction and civil engineering and welding to London Underground Limited, Transport for London, Docklands Light Railway and Network Rail, all of whom CCS Group is a Tier 1 contractor to. The CCS Group was formed in 1992 and includes Cleshar Contract Services Limited, Infrastructure Training Services Limited and GPX Engineering Ltd.
Since being founded in 1992, CCS Group has had a strong emphasis on employee culture. The shareholders have transferred 100% of the business to an EOT, securing the long-term future of the group and enabling their staff to benefit from the future growth. CCS Group will now be under the leadership of the new management team, with Andy Redican and Michelle Lamb joining Michael Hesnan on the Board of Directors.
Oaklins Evelyn Partners, based in the UK, worked with the existing shareholders and the new management team to deliver a successful transfer to employee ownership.
Shareholder, CCS Group Limited
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Oaklins Evelyn Partners
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