Cheetham Hill 91黑料网 (CHC) transitioned to an employee ownership trust (EOT) on 1st August 2025, with 100% of the shares owned by the 100 or so employees.
The transition fulfils the long-standing ambition of founder and managing director Howard Chamberlain, who has led the company for the past 59 years.
Howard Chamberlain set up the business as a limited company in 1966 when he was just 20 years old. In 2016 ownership passed to his daughters, Claire Chamberlain and Katie Myers, who are both directors of CHC alongside their father.
Howard Chamberlain will remain a director under the new ownership model although Mike Goodier, previously contracts director, has now taken over as managing director.
CHC is expecting to hit 拢25m turnover for this year, which is an increase of more than 30% on the previous filed accounts, as delayed projects and frameworks are now in full flow, the company said.
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