Springwell Veterinary Surgery has been transferred to an Employee Ownership Trust
Springwell Veterinary Surgery has become employee owned after transferring into an Employee Ownership Trust (EOT).
Located in a purpose-built, modern facility in Tring, Hertfordshire, UK, Springwell Veterinary Surgery is a well-established and highly regarded small animal practice. The practice employs a team of approximately 25 staff members.
The shareholders have decided to transfer the company to an EOT, allowing employees to benefit from the future growth of the business. EOTs, created by the UK government in 2014, give business owners the opportunity to sell their shares to an employee-owned trust without incurring capital gains tax.
Oaklins S&W, one of Oaklins’ member firms in the UK, worked with the shareholders of Edendene Limited, trading as Springwell Veterinary Surgery, to deliver a successful transfer to an Employee Ownership Trust.
Talk to the deal team
Related deals
Terra Holding S.r.l. has launched a voluntary public tender offer for Gibus S.p.A.
Terra Holding S.r.l. has initiated a voluntary public tender offer for the shares of Gibus S.p.A.
Learn moreLe Cercle has successfully completed its primary LBO in partnership with FrenchFood Capital and Bpifrance
Le Cercle, a pioneer in reusable meal trays and a leading catering company in the Île-de-France region, is entering a new phase of development with an investment from FrenchFood Capital and the support of Bpifrance. This transaction also marks the appointment of Nathalie Grand-Morin, currently managing director, as the new CEO of the company.
Learn morePharma-Skan & Skan-Medic have been acquired by Brygge Partners
Pharma-Skan, an independent contract manufacturing organization (CMO), and Skan-Medic, a manufacturer of over-the-counter (OTC) products, both operating as a joint entity, have been acquired by Brygge Partners.
Learn more