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Animation Studio Aardman Sells Itself To Its Employees
The owners of Aardman, the animation studio behind Wallace & Gromit, Shaun the Sheep and Morph, are handing over a 75% stake in the business to their 140 employees in a bid to protect the Bristol-based company’s independence.Peter Lord and David Sproxton, who founded the UK’s biggest animation production company while still at school, are set for a multimillion-pound payout as part of the deal, under which they will together continue to own a quarter of Aardman Holdings, the company’s parent group.
Brilliant idea. Wish more companies did things like this.
Friday November 16, 2018