TLT supports Kinetics Controls and Innovation on transfer to employee ownership
Reading time: 1 minute
Douglas Roberts
TLT has advised Aberdeen-headquartered engineered leak sealing solution specialist Kinetics Controls and Innovation Limited (KCI) on the transfer of its entire shareholding to an employee ownership trust (EOT).
TLT’s corporate team provided legal advice on all aspects of the transfer of shareholding, guiding the founder, Roy Mackenzie, and managing director, Kevin Watt, through the process from start to completion. The transfer was led by corporate partner Douglas Roberts, with support from senior associate Nimarta Cheema and associate Faye Saunders.
Douglas Roberts partner at TLT said: “It was a pleasure to support the team at KCI on their move to employee ownership. It was clear to us from our first conversation that employee ownership was ideal for the business.
“We look forward to hearing from Kevin and his team in the future on how employee ownership has helped the company and its employees.”
Share this article:
Subscribe to our newsletter to not miss articles like this one:
SUBSCRIBE
