Thu, 03 Apr 2025 | BUSINESS SALE
Cambrian Training Group is celebrating its 30th birthday by transitioning to employee ownership.
The provider of apprenticeship and vocational training 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.
The company underwent a management buyout (MBO) in 2022, with nine employees and an independent chair taking up the offer.
The company now employs 65 staff and has expanded its work-based learning and skills and apprenticeship programmes. This is into hospitality, food and drink, manufacturing, retail, business administration, financial services, childcare, health and social care, plus more.
Three key members, currently, of the original MBO remain at Cambrian Training and are, along with other retired shareholders, selling their stake in the company.
Arwyn Watkins OBE, executive chair, Anne Jones, director of quality, and Elen Rees, director of finance are remaining involved with Cambrian to guide it through the EOT transition.
Arwyn Watkins, who will be stepping down as director but is remaining on the EOT Board, said: "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.”
Watkins said 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.
"We saw the potential for an employee-owned future as a way to ensure that Cambrian Training Group would remain true to its mission of delivering exceptional training services across Wales, particularly in the face of the challenges posed by post-COVID business recovery. Moving into EOT also reinforces our commitment to maintaining our headquarters in Welshpool and supporting the local economy,” Watkins said.
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