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Clansman Dynamics
Clansman Dynamics is a market-leading manufacturer of robotic
handling equipment for forges, foundries, steelworks and waste
processing plants. Founded in 1994, the company moved to employee
ownership in 2009 with help from Co-operative Development Scotland.
Since, the East Kilbride firm has enjoyed unprecedented success, years of
successive growth and a more motivated workforce.
EMPLOYEE OWNERSHIP IN ACTION
Co-operative Development Scotland is the arm of Scottish
Enterprise working in partnership with Highlands and
Islands Enterprise that supports company growth through
collaborative and employee ownership business models.
For more information or advice on employee ownership,
email info@cdscotland.co.uk or call us on 0141 951 3055.
Follow us on Twitter @cdscotland
Co-operative
Development Scotland
27 Causeyside Street
Paisley PA1 1UL
www.cdscotland.co.uk
Scottish Enterprise
Atrium Court
50 Waterloo Street
Glasgow G2 6HQ
www.scottish-enterprise.com
Dick Philbrick, Clansman Dynamics
SE/XXXX/Mar15
Clansman Dynamics
Scottish Enterprise
Technology Park
East Kilbride
Scotland G75 0QR
Tel: +44 1355 579900
Fax: +44 1355 579901
Email: sales@
clansmandynamics.com
MAIN BUSINESS
Robotics
ANNUAL
TURNOVER
£11.4m
NUMBER OF
EMPLOYEES
41
“As owners as well as employees, all our staff now take a serious
interest in understanding what our customers require.”
THE CHALLENGE
When considering the future of Clansman
Dynamics after his own exit, owner Dick
Philbrick looked for a model that offered
safeguards for the future of the company
and cemented its position in East Kilbride to
the benefit of employees. For him, the ideal
succession solution would measure business
success over years and not months.
THE SOLUTION
An encounter with the internationally-
renowned Mondragon Cooperative in Spain’s
Basque region in 2003 inspired Dick, who saw
first-hand how employee ownership could
motivate staff. Foreign firms had already made
offers for the business and soon after, he
was asked about his retirement plans. With
Mondragon at the forefront of his mind, he
chose to reject external advances, knowing that
relocation would be inevitable and decided to
sell the company to its employees. In 2009 he
started discussions with specialist advisers
about making the transition and the deal was
completed in December of that year.
DEAL STRUCTURE AND
OWNERSHIP
With assistance from Co-operative
Development Scotland and the specialist
advisers, an Employee Benefit Trust was
established to buy the business on behalf of the
employees. A cash deposit from the company
itself, specialist funding, a bank loan and a very
significant cash contribution from employees
provided the funding.
GOVERNANCE
AND EMPLOYEE ENGAGEMENT
Every month, Clansman Dynamics holds
meetings where staff contribute to business
decisions and market strategy. Employee owners
vote on resolutions put forward by directors,
including pay-rises and how to balance risk with
reward. Employee owners are offered a range of
incentives to reward their role in helping ensure
the business’s ongoing growth, including share
save options, bonus payments and dividends – all
of which help to drive productivity and innovation.
THE IMPACT
The business and the confidence of employees
has improved markedly as a result of employee
ownership, but the real benefit is in securing the
company’s future. Profits have doubled in the
first five years since the transition while turnover
has grown to reach £11.4million in 2014. There
have been no redundancies in 20 years. With
staff showing ambition, determination and vision,
Clansman’s measured but ambitious approach
to risk led to 2014 being its busiest year yet for
technical developments.

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Clansman Dynamics

  • 1. Clansman Dynamics Clansman Dynamics is a market-leading manufacturer of robotic handling equipment for forges, foundries, steelworks and waste processing plants. Founded in 1994, the company moved to employee ownership in 2009 with help from Co-operative Development Scotland. Since, the East Kilbride firm has enjoyed unprecedented success, years of successive growth and a more motivated workforce. EMPLOYEE OWNERSHIP IN ACTION
  • 2. Co-operative Development Scotland is the arm of Scottish Enterprise working in partnership with Highlands and Islands Enterprise that supports company growth through collaborative and employee ownership business models. For more information or advice on employee ownership, email info@cdscotland.co.uk or call us on 0141 951 3055. Follow us on Twitter @cdscotland Co-operative Development Scotland 27 Causeyside Street Paisley PA1 1UL www.cdscotland.co.uk Scottish Enterprise Atrium Court 50 Waterloo Street Glasgow G2 6HQ www.scottish-enterprise.com Dick Philbrick, Clansman Dynamics SE/XXXX/Mar15 Clansman Dynamics Scottish Enterprise Technology Park East Kilbride Scotland G75 0QR Tel: +44 1355 579900 Fax: +44 1355 579901 Email: sales@ clansmandynamics.com MAIN BUSINESS Robotics ANNUAL TURNOVER £11.4m NUMBER OF EMPLOYEES 41 “As owners as well as employees, all our staff now take a serious interest in understanding what our customers require.” THE CHALLENGE When considering the future of Clansman Dynamics after his own exit, owner Dick Philbrick looked for a model that offered safeguards for the future of the company and cemented its position in East Kilbride to the benefit of employees. For him, the ideal succession solution would measure business success over years and not months. THE SOLUTION An encounter with the internationally- renowned Mondragon Cooperative in Spain’s Basque region in 2003 inspired Dick, who saw first-hand how employee ownership could motivate staff. Foreign firms had already made offers for the business and soon after, he was asked about his retirement plans. With Mondragon at the forefront of his mind, he chose to reject external advances, knowing that relocation would be inevitable and decided to sell the company to its employees. In 2009 he started discussions with specialist advisers about making the transition and the deal was completed in December of that year. DEAL STRUCTURE AND OWNERSHIP With assistance from Co-operative Development Scotland and the specialist advisers, an Employee Benefit Trust was established to buy the business on behalf of the employees. A cash deposit from the company itself, specialist funding, a bank loan and a very significant cash contribution from employees provided the funding. GOVERNANCE AND EMPLOYEE ENGAGEMENT Every month, Clansman Dynamics holds meetings where staff contribute to business decisions and market strategy. Employee owners vote on resolutions put forward by directors, including pay-rises and how to balance risk with reward. Employee owners are offered a range of incentives to reward their role in helping ensure the business’s ongoing growth, including share save options, bonus payments and dividends – all of which help to drive productivity and innovation. THE IMPACT The business and the confidence of employees has improved markedly as a result of employee ownership, but the real benefit is in securing the company’s future. Profits have doubled in the first five years since the transition while turnover has grown to reach £11.4million in 2014. There have been no redundancies in 20 years. With staff showing ambition, determination and vision, Clansman’s measured but ambitious approach to risk led to 2014 being its busiest year yet for technical developments.