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Twisted Automotive Group, the Thirsk-based Land Rover Defender specialist, has introduced a employees take-over.
The 35 employees from Twisted Automotive and specialist dipping firm, Hydrographics, now collectively share full possession of the enterprise, beneath an Worker Possession Belief (EOT).
The transfer provides higher incentive for them to affect enterprise choices with day-to-day advantages and monetary rewards.
Twisted founder Charles Fawcett stays managing director.
He mentioned: “It’s with nice delight that we enter worker possession; a enterprise that recognises each my appreciation of my hardworking staff and the significance of their contribution to the corporate’s success.
“I’m delighted that Twisted has secured its future independence with a give attention to its individuals, by providing them the chance to personal the enterprise that they’ve helped to construct and empowering their future progress and growth for years to come back. The enterprise will flourish beneath their steam due to this.”
Based in Thirsk, in 2000 and with further places in Kensington, Salcombe, Silverstone, Austin (Texas) and Dubai, The Twisted Automotive Group has 35 employees and turned over £6m within the yr to December 2021.
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