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The Corporate Finance team at Henderson Loggie are delighted to have provided financial due diligence services to Shawbrook on its investment into Lanarkshire based premium bakery and confectionery ingredients supplier; R&W Scott Ltd.
R&W Scott is a UK-based manufacturer, specialising in branded and own label products for the retail, food service, and wholesale sector.
Recognising the contribution its employees made to the success of the business, management at R&W Scott decided to transition to an Employee Ownership Trust (EOT), enabling staff to influence the company’s future direction also.
R&W Scott’s current leadership team bought the 144-year-old business through a Management Buy Out (MBO) in 2018 and have successfully delivered on their 5-year growth plan. The business has now introduced the new EOT structure to sustain independence and to recognise that R&W Scott’s success was built upon the hard work and commitment of its employees.
Rod Mathers, Corporate Finance Partner at Henderson Loggie said “We are delighted to have supported Shawbrook Bank as part of their funding into R&W Scott Ltd. The transition to an Employee Owned Trust is becoming more and more popular and is just one of a number of ways that business owners can restructure their shareholding and help strengthen the business for future growth and enhanced employee engagement. As a firm we have significant experience in this sector and on advising business owners as to the best way to exit or restructure.”
Read more about the transaction here.