B-Loony EOT February 2023
RVE advised B-Loony Ltd, a Chesham-based manufacturer of specialist marketing materials on its sale to EOT in early 2023.
Their 35 employees will have a stake in success of the business, a say in its direction and an opportunity to share in its future profits. Key to their decision in becoming EOT owned was a deep commitment to safeguarding the culture and values of B-Loony for the benefit of all.
Speaking to staff, Managing Director Andy MacInnes said:
“Becoming an Employee Ownership Trust is a natural next step for the business. B-Loony has been creating lots of fun experiences for customers’ events, supplying printed balloons, flags, bunting and top-quality promotional products for over four decades. Our employees have been the backbone of the company for 45 years, many of you long serving, and we believe that giving you a stake in the business will only strengthen our commitment to excellence. By setting up an Employee Ownership Trust now, we maintain our unique B-Loony brand identity, protect the jobs of our employees and give them an incentive in the future growth of the business. We're really excited about this new opportunity for B-Loony and the benefits it will bring for you our employees, for our customers, and for the local community.”
B-Loony became an Employee Ownership Trust on the 10th February 2023 🎈