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Aquascot

resulting in high unemployment and associated challenges . The business began by processing local fish , including salmon and sea trout . In 1993 , it started trading with Waitrose , then in 2003 , became a dedicated supplier . In 2016 , Aquascot marked a significant milestone as it transformed into an employee-owned company and has since gone from strength to strength .

John Housego , Partner and Managing Director , explains how this transition came about and some of the benefits Aquascot has seen as a result . “ Bringing ownership to

the employees was a way for the founders to cement their legacy and dedication to the community . If they had sold the business the jobs would have certainly moved elsewhere . We employ over 200 people in a remote part of the Scottish Highlands and work with the leading retailer in terms of quality , ethics , and sustainability in the UK . This is something as a community we are very proud of .

“ For us employee ownership should offer a higher level of engagement across all our teams because we ’ re all owners . I talk about inverting the pyramid , for most organizations there are stakeholders and management towards the top and workers at the base . From a leadership point of view this inversion means rather than my teams being here to serve me I am here to serve them , to ensure they have a voice . It is important that our partners can have a say in the overall governance of the business . It means we all share the success when the company is doing well and share the burden of downturns as well . We wouldn ’ t be here if we weren ’ t

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