Breaking News - We are now an Employee Ownership Trust business (EOT)

On Thursday, 8 July 2021, the founders and shareholders of the CCS Group and its wholly owned subsidiaries, Cleshar Contract Services Ltd, Infrastructure Training Services Ltd and GPX Engineering Ltd, entered into an agreement to sell 100% of their shareholdings in CCS to an Employee Ownership Trust (EOT). This means that CCS Group Limited is now owned by the Employee Ownership Trust (EOT) which is a special form of an Employee Benefit Trust designed specifically to facilitate employee ownership. The Employee Ownership Trust ensures that the sole beneficiaries are all of the employees of CCS.

This represents a confidence and a commitment to entrust the company, founded some 30 years ago, with its highest standards and ethics, to its employees, whilst supporting the ongoing development of the company ensuring that innovation, performance and reliability continue to be key drivers within the business.

Our clients will see no change in how the mechanics of our business operate; however, as an employee owned organisation, our clients will enjoy the benefits of an engaged and committed workforce and by putting our employees at the centre of what we do, our mutual goals will be achieved.

Sir John Gains who has been Chairman since 2008, will continue as the Chairman of the Group, with Andy Redican (Commercial Director), Michelle Lamb (Finance Director) and Michael Hesnan (Operations Director) as the Board Executive - Andy and Michael are taking on new roles as Joint Group Managing Directors with Michelle as Group Finance Director.

Damian Tiernan, Simon Miesegaes and myself, as the previous owners of the business, remain with the company, with Damian and I as non-executive directors, and Simon Miesegaes continuing in his role as Company Secretary;

We are delighted that CCS continues for the benefit of all of our present and future employees; we know our legacy is safe in their hands - above all, this platform will allow the expertise within the company to further grow as we serve our Clients.

We thank you for your unqualified support over nearly 30 years.

Michael Horgan

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