£60m turnover construction group sold to staff

Gateshead based Meldrum Construction Services Group has become an Employee Owned Trust (EOT) by its 220 staff.
The £60m turnover firm specialises in construction, civils, fabrication, M&E, fire engineering and also has in-house FM capability.
Current CEO Dave Meldrum will continue in his role while the existing board of directors will remain in full control of strategy and business decisions.Meldrum said, “By becoming an employee-owned trust, we’re securing the future of th