Multi-disciplinary consultancy Glanville has gone through a management buy out.
The practice, which has offices in Didcot and Hemel Hempstead, providing structural and civil engineering, transport planning and land and building surveying, is now under the ownership of Howard Gell, John Birch, who first became shareholders in 2007, and directors Tim Foxall, Hylton George, John Hanlon and Andy Smith.
Chris Edge and John French are retiring shareholders.
Mr Gell, who is managing director, said: “One of the things that sets Glanville apart is that many of the directors and owners over the years have come up through the ranks within Glanville and so completely understand the company and its values.
“This is true of the new owners and there will continue to be opportunities for our staff to progress in the same way the new shareholders have.”
Tim Foxall, director of transport and highways, said: “This is an exciting time in the construction industry and for Glanville as we position ourselves for growth. The new owners are committed to driving Glanville forwards, playing to our strengths as we seek out opportunities to work with new clients and on new projects.”
Glanville was founded in 1972 by John Glanville to provide a civil and structural engineering design service and now has a workforce of more than 100.
* Image: The new Glanville management team (l-r): Andy Smith, John Hanlon, Tim Foxall, Howard Gell, Hylton George and John Birch.