Optagon Group, a Coventry-based company specializing in roofing materials, has completed a significant organizational transformation by becoming an employee-owned business. The company, which includes brands such as Rubber4roofs, Skyseal, SkyGuard, and Kitbuildr, has transferred majority ownership to its 50-strong workforce through an Employee Ownership Trust (EOT).
Founders Tom and Tina Cullingford made the strategic decision after declining a lucrative acquisition offer from a larger organization. The Cullingfords emphasized their commitment to preserving the company’s independent trajectory and rewarding the team’s collective efforts in building the business.
Tom Cullingford will continue serving as managing director, joined by newly appointed legal directors Antony Murray and Zoe George. Murray expressed excitement about the transition, describing it as a significant compliment to the team and an opportunity for meaningful organizational engagement.
The transition was supported by employee-owned corporate finance adviser BCMS, which provided guidance throughout the transaction. The Cullingfords praised BCMS’s expertise and hands-on approach in facilitating a smooth ownership transfer.
Skyseal, a key trading name within Optagon, remains dedicated to providing innovative roofing solutions, including skylight options for builders, roofers, and DIY enthusiasts. The company’s 3D configurator continues to enable customers to customize roof solutions that meet their specific requirements.
This employee ownership model represents a progressive approach to business management, offering workers a direct stake in the company’s success and potentially enhancing overall organizational motivation and performance.
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