All staff at a manufacturer of round, flat and profile wire are now shareholders thanks to a recently completed MBO.Directors Tom Mander, Andrew Du Plessis and Adam Shaw bought Alloy Wire International (AWI), which has two sites in the West Midlands and Yorkshire, with the new management team immediately extending the firm’s employee ownership scheme to include all 33 employees.The ‘people first’ approach is certainly paying dividends with AWI going from £1m in 2000 to £12.8m at the start of 2022, and impressive sales putting it on course for nearly £18m by the close of the year.
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