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Specialist design and contracting business moves to employee ownership and expands leadership team
A West Yorkshire company specialising in the design, fabrication and installation of building facades
has become an employee-owned business, supported by a host of Yorkshire advisers working on the
MTW Architectural, based in Wakefield, was founded in 2005 by Richard Moore, Managing Director
and Neville Taylor, Commercial Director. It has developed over the years to be one of the UK’s
leading façade contractors focused on delivering quality projects through the business’ extensive
technical and commercial knowledge.
The £14m turnover business specialises in the design, fabrication and installation of the Schuco
System, a high quality solution for windows, doors and facades, working with clients such as
Galliford Try and Bowmer & Kirkland.
MTW Architectural has now become 100 per cent employee-owned with the founders transferring
their shares to an Employee Ownership Trust (“EOT”). All of the company’s employees will benefit
financially from the future success of the company.
Richard Moore and Neville Taylor will remain in their current roles and continue to be directors of
MTW Architectural. They will be joined on the board by Joanne Abbott, Financial Director and
Michael Davany, Production Director.
Richard Moore said: “Selling the company to our outstanding employees through an EOT has felt like
the most natural option for the business. It is recognition of the fantastic contribution of the whole
team to MTW Architectural’s growth and success and will secure the stability of the company for
years to come.
Neville and I are delighted to be expanding the board to reflect this next phase of growth for MTW
Architectural and welcome Joanne and Michael as directors.”
MTW Architectural was advised by Dan McCormack at Lupton Fawcett LLP (legal), Roger Esler at
Dow Schofield Watts (corporate finance) and Russ Cahill at Tax Advisory Partnership (taxation).
Daniel McCormack, Partner at Lupton Fawcett, said: “This is a great result for MTW Architectural and
all of its employees. The founders have built a first-class business with support from a top-quality
team. This is the perfect time for the company to broaden the ownership and the leadership team
whilst it being very much business as usual.”
Roger Esler, Corporate Finance Partner at Dow Schofield Watts added: “The objectives of MTW
Architectural and its founding shareholders made the EOT route compelling for the business. The
continuity in leadership and inclusion in future valuation creation will ensure stability, independence
and incentivisation, together with preserving the entrepreneurial spirit of the company.”