Cleanzine: your weekly cleaning and hygiene industry newsletter 13th February 2025 Issue no. 1149
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Atlas now 100% employee-owned
UK facilities management company Atlas, has announced its transition to 100% employee ownership through the creation of an Employee Ownership Trust (EOT). This milestone, says Atlas, makes it the first company in the industry to be entirely owned by its employees, setting a new standard in the sector.
This transformative step aligns seamlessly with Atlas's purpose: creating happiness for itself and others. By placing full ownership in the hands of its people, Atlas is fostering a culture of shared success, accountability and empowerment.
This change will not only enhance employee engagement but also deliver greater stability, innovation and service excellence for clients.
While several sale options were explored, the previous owners chose the EOT model to protect Atlas's values, safeguard its independence and reward the people who have contributed to its growth and success. This decision ensures Atlas continues to prioritise its people-first approach to facilities management.
"Transitioning to 100% employee ownership is a proud and defining moment for Atlas,” says Chris Wisely, CEO of Atlas. “This move reflects our purpose of creating happiness for ourselves and others by giving every employee a real stake in our success. It strengthens our culture, drives innovation and deepens our commitment to delivering exceptional service for our clients. We're thrilled to lead the way in our industry.
“Atlas is excited to begin this new chapter, demonstrating how full employee ownership can drive business growth, enhance employee wellbeing and deliver even greater value for clients.”
Founded almost 40 years ago, Atlas offers the full suite of facilities management services to its clients and employs 11,500 people at 6,500 sites, working with many of Britain's best-known brands.
https://atlasfm.com/employee-owned/
23rd January 2025