Multiple Access Communications Limited joins more than 2,000 UK companies to become Employee-Owned
Multiple Access Communications Limited (MAC
Ltd) has announced its transition to 100% employee ownership based on the
Employee Ownership Trust (EOT) model.
The motivation for adopting this model was to
preserve MAC Ltd’s core values of providing its customers with outstanding
products and services through engineering excellence, to protect our supportive
and open culture with our employees and customers and to ensure we can continue
to provide high quality, trusted, independent and impartial advice.
Transferring ownership of the company to the employees is also a recognition
that the company’s success over the last 40 years has been underpinned by their
hard work, professionalism and dedication to serving our customers.
Peter Gould, Managing Director of
MAC Ltd, explained ‘We examined a number of ownership models and concluded that
the only way we could be sure that our values would be maintained and we could remain
true to our vision was through the employee ownership model. The company was
founded almost 40 years ago by Professor Raymond Steele to provide world class products
and services to the wireless industries and this transition to an EOT means
that MAC Ltd can continue to do this for the next 40 years, and beyond!”.
MAC Ltd will remain as the
trading company and it will continue to be led by the same management team as
before so our customers can be assured that they will go on receiving the same
friendly and professional service that they have come to expect from us.