We are delighted to announce we are transitioning into an employee-owned business!
The Prima Bakeries Group, incorporating both Prima Bakeries and Cornish Premier Pasties , will be transitioning into an employee-owned business. As a group, we are currently the fourth-largest producer of Cornish Pasties in the world and the largest locally owned producer in Cornwall.
The new Employee Ownership Trust (EOT) forms a legal structure encompassing over 150 employees. Day-to-day management will continue under the existing directors and management team. The transfer of ownership of the group secures the future of the business and forms part of a long-term succession plan led by our Managing Director, Mark Norton.
“The transition of the group to become employee-owned is part of a long-term succession plan. We have always been proud of being a family-owned and run Cornish business and this feels a great way of extending the “family” to include all our staff. The move reinforces our commitment to our employees and customers, and allows our staff to share in the company’s success and actively participate in its future direction.
I’m incredibly proud of what we’ve built at both Prima Bakeries and Cornish Premier Pasties and look forward to working alongside our dedicated team to strive for continued growth. I know the group will continue to flourish and I’m excited for the next chapter!”