Primacare Group sold to EOT

Primacare Group, a British manufacturer of specialist seating, predominantly for people with mobility difficulties includes Primacare Holdings Ltd (established in 2015) and two trading subsidiaries: Primacare Ltd (founded in 2004) and Prima Fabrications (acquired in 2011).

The sale was completed at a full commercial value, with Avondale managing the entire process including strategy, valuation, tax clearance,  and the establishment of an Employee Ownership Trust (EOT). This transition allowed the shareholders to realize the value of the business while creating a lasting legacy by transferring ownership to its employees via the trust. The sale ensures the continued growth of the company’s exceptional customer service and culture.

“We would like to express our gratitude to Avondale for all their help and the successful completion of the project Our experience working with them was exceptional, and we highly recommend their expertise and professionalism.”

David Tomlin, Primacare Group

sold to Employee Ownership Trust