East-Coast based Beau’s Brewery has announced that they will begin to sell their beer business; though the sale is not taking place in the most traditional way. Rather than sell out-right the beer business is selling in shared, to the 150 employees of the brewery.
“The plan is expected to take years to implement, but will see a portion of the company’s privately held shares transferred to participating employees every year. Employees can pay for their shares either through payroll deductions or lump-sum payments.”
It’s certainly an uncommon move, and one that stands to benefit for everyone involved. As owner Steve Beauchesne says: “By handing the reins over to our employees we are saying this changes everything, because this change is everything,”. You can read the rest of the story by clicking here.
If you are interested in exploring business opportunities or are contemplating the sale of your business, call toll free 1-877-289-0969.