Creation of new trust
Anderson Bell +Christie turns to employee ownership
Jonathan McQuillan, Stuart Russell, Adam Bell and Stephen Lamb
Architectural practice Anderson Bell +Christie has become the latest Scottish business to announce its transition to employee ownership.
Following the transfer of 100% of the business’s shares into an employee ownership trust, the 38-strong team now share ownership of the Glasgow-based firm.
It was established in the early 1990s as a private partnership by Karen Anderson and David Christie who were later joined by Adam Bell, Bruce Brebner and Stephen Lamb. Following a period of planned transition, Mr Bell and Mr Lamb formed a new partnership in 2012.
They opted for employee ownership after attending a presentation by Co-operative Development Scotland – the arm of Scottish Enterprise arm which supports business growth by promoting collaborative and employee ownership models.
Sarah Deas, director at Co-operative Development Scotland, said: “The Architects Journal featured an article on the reasons for 15 of the country’s top practices adopting the employee ownership model and why more are expected to follow. It’s great to see this practice joining the pioneers in the sector.”
There are about 110 employee-owned companies operating in Scotland, with approximately 7,500 employee-owners generating a combined turnover of around £950 million.