Publiship, a freight forwarding company dedicated to providing specialised logistics solutions for the publishing industry, has announced its transition to an Employee Ownership Trust (EOT).
The company says that the move will help to secure a more sustainable, employee-focused future.
The new EOT structure ensures that Publiship can be wholly owned by its employees, reinforcing a long-standing culture of collaboration, shared responsibility, and long-term stability.
Under the model, the EOT will hold 100% of the company’s shares on behalf of all employees, enabling them to collectively benefit from the success they help create.
READ MORE: South Manchester agency lands TikTok brief for Tyson Fury’s nutrition brand
Founder and former majority shareholder Sam Higgins said: “Transitioning to an Employee Ownership Trust was the natural next step for our business. We’ve always believed that our people are our greatest asset.
“By placing the company in the hands of those who drive its success every day, we are safeguarding our values, our independence, and our long-term vision.”
The EOT transition provides continuity for clients, partners, and staff, while unlocking several advantages:
- Long-term stability by maintaining company culture and mission
- Employee engagement and empowerment through shared ownership
- A clear succession plan that protects the legacy of the founding members
New CEO James Doyle added: “This change recognises the dedication and expertise of every member of our team. We look forward to building an even more inclusive and innovative future together.”
The company will continue to be led by its existing management team, ensuring business continuity and a seamless transition for clients and suppliers. All employees will automatically become beneficiaries of the trust, with ongoing communication and involvement in the company’s strategic direction.
Publiship joins a growing number of UK organisations adopting the EOT model – an approach known to improve productivity, strengthen employee retention, and enhance overall business resilience.
James Doyle, Gerard Lyons and Andrew Hughes have joined the board of directors, alongside existing members Higgins and Sue Kelly.
The transaction has been completed without the need for outside finance as all funding has been supplied by the company and the previous shareholders, and ably assisted by advisors Hill Dickinson LLP and Claritas.
