We are excited to announce the successful transfer of the business to an employee ownership trust
(EOT), an arrangement that will see the Twisted run for the benefit of its 35 employees.
In a deal advised on by Paul Land of Tennant Land Partners, Twisted Automotive and specialist
dipping company, Hydrographics, emloyees, will now collectively share full ownership of the
business, providing greater incentive for the team to influence business decisions with day-to-day
benefits and financial rewards.
Twisted founder Charles Fawcett will remain in his role as managing director. Speaking about the
deal he said: “It is with great pride that we enter employee ownership; a venture that recognises
both my appreciation of my hardworking team and the importance of their contribution to the
company’s success.
“I’m delighted that Twisted has secured its future independence with a focus on its people, by
offering them the opportunity to own the business that they have helped to build and empowering
their future growth and development for years to come. The business will flourish under their steam
because of this.
“Setting up an EOT scheme is a very exciting stage in the company’s history and is key to our
succession planning in the wider business arena. And whilst we’ve created a more employee-centric
structure, our board of directors will remain active in their current roles and continue to contribute
and drive the business to new heights, maximising the opportunities this will bring.”
Founded in Thirsk, North Yorkshire, in 2000 and with additional locations in Kensington, Salcombe, Austin (Texas) and Dubai, The Twisted Automotive Group now employs 35 staff and
turned over £6m in the year to December 2021.
