130-Year-Old Family Owned Bakers to Be Taken over by Cumbernauld Workers

130-year-old family owned bakers to be taken over by Cumbernauld workers

Brothers Douglas and David Sword, who have managed the company for 40 years, will be taking up a consultancy role following the change.

Future of historic fourth-generation Scottish pastry maker now in hands of 85 staff

“It has benefits to us, but also to the staff, who are now in control of their own destiny” – Douglas Sword

Historic Scottish pastry maker moves into a new era as staff take control

William Sword moves into employee ownership after four generations under founding family

Cumbernauld pastry firm becomes employee owned after over 100 years in operation

William Sword Ltd, Cumbernauld-based pastry firm and owner of The Scottish Soup Company, becomes employee-owned via EOT, securing jobs and Scottish…

Historic Scottish family pastry-making business becomes employee-owned

A Scottish pastry-making business run by its founding family for four generations has become employee-owned. Cumbernauld-based William Sword says its transition to an Employee Ownership Trust (EOT) will give the company’s 85-strong staff team direct control over their own future as they target continued growth. Sword is a leading supplier of pastry to butchers throughout Scotland, as well as to other pie-makers, food firms and stores across the …