Eurosource

Global suppliers of pipeline products 

In July 2015, a five person management buy-out was brokered at Eurosource, with each member of the team making a substantial personal investment to purchase the shares from the former shareholder. It has ensured the new management team based in Aberbargoed can focus on innovative developments to help develop and grow the business.

“The investment from UK Steel and support from the Wales Co-operative Centre has been invaluable in the buyout process. The new team has ambitious expansion plans and hopes to be able to move towards a wider employee ownership approach as the business develops.”

Karl Williams, Eurosource

Many successful businesses fail because succession is handled badly. This can lead to job losses, losing supplier contracts and even business closures. Social Business Wales has expertise in succession planning and guiding businesses through the employee buy-out process.

For more information on our free tailored support call 03000 6 03000 and ask for Social Business Wales