Fitzgerald Contractors has moved to Employee Ownership, which took effect from 21 February 2021.

Managing Director Nick Coley, who acquired the business from Bouygues UK in 2013, has completed the transaction which means that Fitzgerald employees now own 100% of the business.

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Mr Coley and the existing Board of Directors will remain in place in their current roles, with employee ownership providing greater opportunities for staff to influence business decisions through the formation of an employee council.

MrColey said: "We consider that an Employee Ownership Trust model is ideally suited to Fitzgerald’s philosophy and the thinking behind employee ownership has businesses exactly like ours in mind. This is a very exciting stage in the company's history and safeguards Fitzgerald’s future for the benefit of all employees."