Scottish architectural practice Smith Scott Mullan has switched to employee ownership, with owners Graham Acheson, Eugene Mullan and Rick McCluggage transferring their shares to an employee ownership trust (EOT).
The firm’s 21 staff have delivered projects across a range of sectors from its offices in Edinburgh and there will be no change to the way the business operates, with the same leadership team, project teams and client relationships remaining in place.
In a statement, the company said: “We are all incredibly proud of the culture and reputation we have built over the last 30 years, and this transition is about protecting that for the future.
“Employee ownership is the right step for us. It allows us to remain independent, maintain the values that define how we work, and provide long-term stability for our clients and our team.
“It also creates new opportunities for our people, recognising their contribution and giving them a meaningful role in the future of the business.
“The move provides a clear succession pathway for the practice, supporting a smooth transition over time while retaining knowledge and experience, and ensuring the business continues to grow and evolve in the years ahead.”
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