Ownership of one of Scotland’s most successful demolition contractors has been transferred to its employees.
Dundee-based Safedem said the move will secure the business’s future and reward the team that has made it successful. It has been nominated 13 times at the World Demolition Awards, winning on eight occasions, and was twice named World Demolition Contractor of the Year.
William Sinclair, a former president of the National Federation of Demolition Contractors and of the European Demolition Association, remains as managing director. “Truly successful businesses stand the test of time with careful succession planning and strategic thinking,” he said.
.“I have always recognised the contribution of all the Safedem team towards the success of the business. The move to employee ownership will allow the business to develop and plan for the future and is due recognition of Safedem’s excellent employees.”
Founded in 1974, Safedem has been responsible for some of the most complex and high-profile demolition contracts ever undertaken in Scotland, many by controlled explosion.
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©Scottish Plant. Article posted 3/10/2019