PA Jewellery now majority-owned by an Employee Ownership Trust

13th February 2019

PA Jewellery are pleased to announce that from 2nd October 2018 the company is now majority-owned by an Employee Ownership Trust.

The news follows the sad loss of PA's founder Michael (Mike) Marsh in February 2018. Creation of the Employee Ownership Trust was an important part of Mike's vision for the future of the company and it was an idea close to his heart. The project begun by him has now been brought to completion by the company's directors. Managing Director Ian Cookson, who has himself worked for the company for nearly 25 years, said that the directors -are thrilled to be able to make Mike's wishes a reality and pursue the future course that he was so keen to follow. PA Jewellery has been established in Walkley, Sheffield for over forty years, its Old Bank showroom being a familiar part of the local landscape. It is staffed by a long-standing and committed team, most of whom have been employed there for more than ten years. Cookson further stated that the new structure -secures the future of the business and allows our loyal and valued team to create and share in its future success. The Employee Ownership Trust arrangement is the perfect fit for our business and means it can continue to thrive and move forward as it has over the last four decades For more information, please visit: https://www.pajewellery.com/

You might also be interested in

UK Economy Continues to Tread Water  

Thu 16th January 2025

Stuart Morrison, Research Manager at the British Chambers of Commerce, reacts to the latest GDP data released this morning

Taskforce Meets to Shape North Sea’s Energy Future?

Thu 16th January 2025

An independent taskforce has met for the first time to ensure the North Sea’s strategic transition from oil and gas to a renewable future, while safeguarding up to 200,000 jobs.

Inflation Dips but Price Pressures on Business Remain 

Wed 15th January 2025

Stuart Morrison, Research Manager at the British Chambers of Commerce, reacts to the latest inflation data released this morning

Workforce Growth Struggles as Budget Costs Loom 

Tue 14th January 2025

The British Chambers of Commerce (BCC) Insight Unit’s latest Quarterly Recruitment Outlook (QRO) reveals less than a quarter of firms increased their workforce in the final three months of 2024