Bluefruit Software has formed an Employee Ownership Trust - Software Cornwall

Paul Massey sitting down

In October, Bluefruit Software took a big step. They formed an Employee Ownership Trust (EOT), and now 51% of the business is owned by employees.

Paul Massey Director of Bluefruit says “Forming the EOT means that my wife and I have sold just over half of our shares to the people who make Bluefruit such a successful business in the first place. It means that our people have a “significant and meaningful” stake in our company, by having shares in it and a say in how we run it”.

That’s the headline.

But how did we get here? Why did we start an EOT? Why now?

Read the full article here.