- EO Sector
- Posts
- Cambrian Training Group becomes employee owned
Cambrian Training Group becomes employee owned
A leading provider of apprenticeship and vocational training across Wales has become employee-owned.
Cambrian Training Group, which employs 65 staff, was established in Welshpool, Powys, in 1995 as a subsidiary of Mid Wales Tourism to deliver vocational and hospitality skills to support the development of the region’s tourism sector. In 2002 it was acquired in a management buyout (MBO).
Arwyn Watkins, executive chairman, commented:
Securing employee ownership trust status is a significant step in our journey. Our employees are at the heart of everything we do, and this move ensures that they have a direct stake in our continued success. The decision to move towards an EOT rather than opting for a trade sale was motivated by the desire to sustain the company’s culture, values, and commitment to quality over the long term.
Three key members of the original MBO remain at Cambrian Training and are, along with other retired shareholders, selling their stake in the company.