Business News


UK Automation Company Announces Transition to Employee­Ownership


Award­winning, UK based engineering and process automation company, 3P innovation Ltd, is proud to announce that it is now an employee­owned company. This transition has been taken to secure its long­term future, for the benefit of customers and employees alike.


Having worked hard to build the business over the last 14 years, founders Tom Bailey and Dave Seaward came to the realisation that the employees, who are responsible for so much of the success of 3P, will be the best successors for ongoing and long­term ownership of the business.


An Employee Ownership Trust (EOT) was a natural succession model for Tom and Dave. This was influenced by the many positive benefits associated with the EOT model. Businesses which move to Employee Ownership are typically renowned for having a family­like, open, collaborative culture,


characterised by customer focus, innovation, independence from corporate control, agility and a sense of social responsibility.


Tom Bailey, Managing Director, said, “As the founders of 3P, both Dave Seaward and I feel a genuine obligation to our customers and employees alike to continue to provide a strong and secure platform for sustained growth and development of the business. 3P has always fostered positive employee engagement to ensure we work tirelessly in close partnership with our customers; It is our employees past and present who are responsible for the success we currently enjoy. Becoming an Employee­Owned business will ensure that these values remain embedded within the business for the long term.


We look forward to further growth and success as we move into this new chapter!”


T: 01926 408 933 E: enquiries@3pinnovation.com W: www.3pinnovation.com


March 2021 CHAMBERLINK 11


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