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Valeting firm Autoclenz becomes Employee Ownership Trust
Summary by Motor Trader
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Valeting firm Autoclenz becomes Employee Ownership Trust
Autoclenz Holdings has completed its transition to becoming an Employee Ownership Trust (EOT) The Swadlincote-based company provides vehicle valeting and preparation services for the automotive industry. An employee ownership trust (EOT) can allow business owners to sell a controlling stake in their company to realise their value whilst passing the company into long term employee ownership. The EOT is operated by trustees, and the beneficiaries …
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