Briggs & Forrester directors and managers take more stake in the company
Increased shareholding in contractor Briggs & Forrester sees 25% of the group’s share held by directors of the four operating companies and other members of the management team.
Share ownership of contractor Briggs & Forrester Group has been extended to include all directors of the four operating companies and other members of the management team. Group chairman Mike Stanton explains that this group has collectively purchased 25% of the group. The group is one of the top 16 M&E contractors in the UK and is working to become one of the top 10 — both in terms of size and reputation and profitability. In the past five years, the group’s turnover has doubled to £100 million a year, with over 550 employees. The aim is to continue this growth. Mike Stanton says, ‘The group has an excellent reputation for quality, dedication and a team approach to working with our customers. We believe the key to our success is the people we employ. Extending the group’s shareholders to bring on board members of the management team, which includes directors of the operating companies represents a tremendous opportunity for people to become shareholders in the group as the business continues to develop.’
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