Wirral-based content publishing and marketing agency Newhall Publishing has transferred its ownership into the hands of employees as the business marks its 60th year.
The move to an Employee Ownership Trust follows Newhall’s successful rebrand from magazine publisher to multichannel content publishing and marketing agency in 2014, and builds on its success during the pandemic which saw six new clients join its portfolio, including Iconic Luxury Hotels Ltd.
Newhall has a diverse client base including membership organisations, event companies and multinational businesses and its 38 strong-team deliver content campaigns for some of Britain’s most high-profile brands including British Cycling, The Royal Windsor Horse Show, The Kennel Club and The Game Fair Society, among others.
Newhall also continues to publish Candis, one of the highest-selling monthly subscription magazines for women in the UK, for the Candis Club which has been a client for more than 60 years.
Under the new structure, 100% of the company’s shares have been transferred to the Employee Ownership Trust, which allows Newhall Publishing to guarantee the future of the business and reward the work of its team. Chairman Andrew Douglas will exit the business.
Andrew Douglas said: “Preserving the long-held cultural values of the business was paramount to me and after 40 years in the business it was obvious that employee ownership was a natural progression.
“My goal of creating a sustainable future for the business, and indeed an exciting succession, has been achieved. And as Newhall celebrates 60 years in business, now is the time to stand back and let others lead the team.”
Newhall Publishing will continue to be managed by joint Managing Directors Christine Blackford and Richard Woolliams.
Christine joined the business 20 years ago. She said: “We have always run the business with the employees at its heart and truly believe we offer a uniquely transparent approach, working in partnership with clients. The EOT is a further step in setting us apart from our competitors.”
Richard Woolliams said: “The company’s values and approach to doing business is what attracted me to join the team in early 2014. I am proud of what we have achieved – especially growing during the pandemic – and we start 2022 with new talent, new clients and an optimistic outlook.”
Brabners LLP’S specialist EO legal team supported Newhall Publishing through the EOT process.