| 
              
              
                | 
                    
                    
                          |  |  |  |  
                      |  |  
                              EFES 
                                PRESS REVIEW - SEPTEMBER 2025
 
                     Our 
                                selection
 
  A 
                                selection of 26 remarkable articles in 7 countries 
                                in September 2025: Canada, Czechia, Germany, Spain, 
                                France, UK, USA. Canada: Employee Ownership Trusts are the 
                                simplest way of transitioning ownership. The number 
                                of EOTs is increasing.
 Czechia: Still focusing on stock options 
                                for startups. The ultimate new legislation will 
                                finally be in force in 2026.
 Germany: The same startup lobby at work.
 Spain: New employee share plan for Ebro 
                                Foods.
 France: New successful employee share plans 
                                for Suez Group, for Veolia, for Adeo. The number 
                                of business transfers remains low compared to 
                                neighboring countries. A historic milestone in 
                                Paris.
 UK: Around one hundred new business transfers 
                                to employees every two months. Thanks to the Employee 
                                Ownership Trust formula, two new SMEs are transferred 
                                to their employees every day now.
 This time, among others, the cases of: Hiyield 
                                Hands Digital Studio, The Software Bureau, Peak 
                                Retreats Ski Specialist, Hallam Marketing Agency, 
                                Kinetic Demolition, Golley Slater Marketing.
 There are now nearly 2,500 employee-owned businesses 
                                in the UK, with 560 new transitions in 2024.
 Misconceptions 
                                about selling your business to your employees.
 USA: Also in the USA, Employee ownership 
                                trusts (EOTs) are an increasingly common way for 
                                sellers of closely held companies to transition 
                                out of ownership.
 > BACK TO TOP
  
                                
  Une 
                                sélection de 26 articles remarquables dans 7 pays 
                                en septembre 2025: Canada, 
                                Tchéquie, Allemagne, Espagne, France, Royaume-Uni, 
                                États-Unis. Canada: 
                                La Fiducie d’Actionnariat Salarié est la formule 
                                la plus simple pour les transmissions d’entreprises. 
                                Le nombre de fiducies augmente.
 Tchéquie: Obstinément focalisée sur les 
                                stock options pour les startups. La dernière nouvelle 
                                législation doit finalement entrere en vigueur 
                                en 2026.
 Allemagne: Ici aussi le lobby des startups 
                                est à la manoeuvre.
 Espagne: Nouveau plan d’actionnariat salarié 
                                pour Ebro Foods.
 France: Nouveaux succès des plans d’actionnariat 
                                salarié pour le Groupe Suez, pour Veolia, pour 
                                Adeo. Le nombre de transmissions d’entreprises 
                                reste faible comparé aux pays voisins. Un cap 
                                historique franchi à Paris.
 Royaume Uni: Environ cent nouvelles transmissions 
                                d’entreprises aux salariés tous les deux mois.
 Grâce à la formule de la Fiducie d'Actionnariat 
                                Salarié, chaque jour deux nouvelles PME transférées 
                                aux salariés en Grande Bretagne. Ce mois-ci entre 
                                autres les cas de: Hiyield Hands Digital Studio, 
                                The Software Bureau, Peak Retreats Ski Specialist, 
                                Hallam Marketing Agency, Kinetic Demolition, Golley 
                                Slater Marketing.
 Il existe désormais près de 2.500 entreprises 
                                détenues par leurs salariés au Royaume-Uni, avec 
                                560 nouvelles transitions en 2024. Les idées fausses 
                                sur la vente de votre entreprise à vos employés.
 USA: Aux États-Unis aussi, les fiducies 
                                d’actionnariat salarié sont un moyen de plus en 
                                plus courant pour les transmissions d’entreprises.
 > BACK TO TOP
  
                                 
                                  
  Nuestar 
                                  seleccion propone 26 artículos destacados en 
                                  7 países en septiembre de 2025: Canadá, Chequia, 
                                  Alemania, España, Francia, Reino Unido, EE.UU. > BACK TO TOP
 
  Eine 
                                  Auswahl von 26 bemerkenswerten Artikeln in 7 
                                  Ländern im September 2025: Kanada, Tschechien, 
                                  Deutschland, Spanien, Frankreich, Großbritannien, 
                                  USA. > BACK TO TOP
 
 
 
  26 articoli selezionati per 
                                  settembre 2025 in 7 Stati: 
                                  Canada, Repubblica Ceca, Germania, Spagna, Francia, 
                                  Regno Unito, Stati Uniti. > BACK TO TOP
 
  V 
                                  zárí 2025 máme výběr 38 pozoruhodných článků 
                                  ve 8 zemích: 
                                  Kanada, Cesko, Nemecko, Španelsko, Francie, 
                                  Spojené království, USA. > BACK TO TOP
 
  2025 szeptemberében hónapban 38 figyelemre méltó 
                                  cikket találtunk 8 országból: Kanada, Csehország, 
                                  Németország, Spanyolország, Franciaország, Egyesült 
                                  Királyság, USA. > BACK TO TOP
 
  Mamy wybór 38 niezwyklych artykulów w 8 krajach 
                                  we 
                                  wrzesniu 2025 r.: Kanada, Czechy, Niemcy, Hiszpania, 
                                  Francja, Wielka Brytania, USA. > BACK TO TOP
 
  Een selectie van 26 opmerkelijke artikelen in 
                                  7 landen in september 2025: Canada, Tsjechië, 
                                  Duitsland, Spanje, Frankrijk, VK, VS. > BACK TO TOP
 
  Ett urval av 26 anmärkningsvärda artiklar i 7 
                                länder iseptember 2025: Kanada, Tjeckien, Tyskland, 
                                Spanien, Frankrike, Storbritannien, USA. > BACK TO TOP
 
 
  SELECTION
  
                              CA 
                                     1 - Taproot 
                                became Canada’s largest employee-owned trust with 
                                750 workersSocial Capital Partners 
                                - 2 Sept 2025
 “This employee ownership 
                                trust is the simplest way of transitioning ownership,” 
                                said Taproot’s chief executive Mike Fotheringham,…
 CA      2 - Budget 
                                2025 should bolster employee ownership to strengthen 
                                Canada's economy
 Canadian Dimension - 
                                30 Sept 2025
 Evidence from the UK 
                                shows employee-owned businesses are far 
                                less likely—by a factor of five—to lay off their 
                                staff over a three-year span than ...
 CZ      3 - Nová 
                                éra zaměstnaneckých akcií v ČR: jak 
                                se mění pravidla?
 Průvodce podnikáním 
                                | ČSOB - 11 Sept 2025
 Obsah Co jsou to zaměstnanecké 
                                akcie? Zaměstnanecké akcie v ČR: přehled 
                                právních úprav Jaké podmínky musí firma splnit, 
                                aby mohla zavést ESOP v roce 2026?
 CZ      4 - Česká 
                                novela ESOP míří správným směrem, ale 
                                start-upům zatím nestačí
 Ekonom.cz - 25 Sept 
                                2025
 Nová legislativa zaměstnaneckých 
                                akcií (ESOP) má pomoci českým start-upům 
                                přiblížit se mezinárodním standardům. 
                                V dosavadní praxi zaměstnanec odvádí daň 
                                ze...
 DE      5 - Bitkom 
                                Startup-Report: Mitarbeiterbeteiligung im Fokus
 Munich Startup - 29 
                                Sept 2025
 Fast alle deutschen 
                                Startups öffnen sich für Modelle der Mitarbeiterbeteiligung. 
                                Laut dem „Startup-Report 2025“ des Digitalverbands 
                                Bitkom nutzen ...
 ES      6 - Ebro 
                                Foods aprueba un plan de entrega de acciones para 
                                empleados en 2025
 The Officer - 25 Sept 
                                2025
 El Consejo de Administración 
                                aprueba un plan voluntario que permite a empleados 
                                percibir parte de su salario en acciones.
 FR      7 - « 
                                Go SUEZ 2025 » : un nouveau succès pour le second 
                                plan d’actionnariat salarié du Groupe SUEZ
 SUEZ Group - 4 Sept 
                                2025
 Lancé le 1er juillet 
                                dernier, le second plan d'actionnariat salarié 
                                du Groupe SUEZ en tant qu'entreprise non cotée 
                                « Go SUEZ 2025 », a connu un franc succès...
 FR      8 - Sygmatel 
                                adopte l’actionnariat salarié : un cap historique 
                                franchi avec Equalis Capital
 CarnetdeBord - 5 Sept 
                                2025
 100 fonds créés. 100 
                                PME et ETI embarquées. Et surtout, des milliers 
                                de salariés désormais co-actionnaires de leur 
                                boîte. Equalis Capital vient de frapper...
 FR      9 - Inquiétude 
                                sur les cession-transmissions
 La Gazette France - 
                                8 Sept 2025
 Le nombre de cession-transmissions 
                                d'entreprises est resté stable en 2024, d'après 
                                Bercy. Le niveau, faible au regard de la perspective 
                                des 500 000...
 FR      10 - Actionnariat salarié 
                                Veolia : participation record qui renforce le 
                                statut de premier actionnaire des salariés
 Business Wire - 16 Sept 
                                2025
 Regulatory News: Ouverte 
                                à environ 190 000 salariés présents dans 56 pays, 
                                l'opération Sequoia 2025 a été souscrite par plus 
                                de 85 000 collaborateurs,...
 FR      11 - ADEO (ex-Leroy Merlin) 
                                lance ALL ADEO
 ADEO - 19 Sept 2025
 ADEO (ex-Leroy Merlin) 
                                lance ALL ADEO, un nouveau dispositif mondial 
                                de partage de la valeur, permettant à ses 115 
                                000 collaborateurs de devenir actionnaires.
 FR      12 - Les 
                                Laboratoires Pierre Fabre célèbrent 20 ans d’actionnariat 
                                salarié avec le plan Ruscus
 Entreprises Occitanie 
                                - 19 Sept 2025
 Vingt ans après son 
                                lancement, le plan Ruscus, dispositif d'actionnariat 
                                salarié imaginé par Pierre Fabre en 2005, réunit 
                                aujourd'hui 6 625 collaborateurs...
 UK      13 - Cornwall's 
                                Hiyield Hands Majority Ownership to Employees 
                                in Bold People
 Cornish Stuff - 2 Sept 
                                2025
 Cornwall-based digital 
                                product studio Hiyield has officially become 80% 
                                employee-owned, giving its team a direct 
                                stake in the company's future.
 UK      14 - Dispelling 
                                misconceptions about selling your business to 
                                your employees
 Rm² - 2 Sept 2025
 Since the Employee Ownership 
                                Trust (EOT) was introduced in 2014, RM2 has supported 
                                many owners seeking to transition their business 
                                to employee ownership, typically via an Employee 
                                Ownership Trust [EOT]…
 UK      15 - Software 
                                Bureau 'secures future' to be employee owned
 Decision Marketing - 
                                4 Sept 2025
 Software Bureau 'secures 
                                future' to be employee owned. Founded in 
                                1998, the data-driven marketing specialist firm 
                                wants to stay nimble.
 UK      16 - Peak 
                                Retreats Becomes First Employee-owned Ski Company 
                                in the UK
 InTheSnow - 4 Sept 2025
 ... employee-owned. 
                                “This puts Peak Retreats' passionate, experienced 
                                and dedicated team at the heart of the business, 
                                allowing them to develop ...
 UK      17 - John Lewis losses nearly 
                                triple to £88m
 BBC - 11 Sept 2025
 The employee-owned 
                                company, whose shops include the John Lewis department 
                                stores and Waitrose, said losses before tax and 
                                exceptional costs ...
 UK      18 - Nottingham-based 
                                B Corp agency moves to employee ownership
 BusinessCloud - 15 Sept 
                                2025
 Hallam becomes 100% 
                                employee-owned ... Nottingham digital agency 
                                Hallam has transferred 100% of its equity into 
                                an Employee Ownership Trust (EOT). The ...
 UK      19 - Kinetic 
                                Demolition moves to employee ownership | Scottish 
                                Construction Now
 Scottish Construction 
                                Now - 22 Sept 2025
 Specialist demolition 
                                contractor Kinetic Demolition has taken a major 
                                step forward in its growth journey by becoming 
                                an employee-owned company, ...
 UK      20 - Wales' 
                                largest communications agency becomes employee 
                                owned
 Nation.Cymru - 24 Sept 
                                2025
 ... employee-owned 
                                business. This significant move sees the company, 
                                which has offices in Cardiff, Leeds, Cirencester 
                                and London, held in trust for ...
 UK      21 - Free employee 
                                shares make a perk of collective ownership
 Financial Times - 28 
                                Sept 2025
 There are now nearly 
                                2,500 employee-owned businesses in the 
                                UK, with 560 new transitions in 2024, according 
                                to the EOA. Still, sceptics question ...
 US      22 - Using 
                                an Employee Ownership Trust for Business Transition
 National Center for 
                                Employee Ownership - 15 Sept 2025
 Also in the USA, Employee 
                                ownership trusts (EOTs) are an increasingly common 
                                way for sellers of closely held companies to transition 
                                out of ownership.
 US      23 - Granite 
                                Countertop Warehouse Announces Transition to 100% 
                                Employee Ownership Through ESOP
 EIN Presswire - 23 Sept 
                                2025
 Granite Countertop Warehouse 
                                becomes 100% employee-owned, securing its 
                                future and ensuring every customer is served by 
                                an owner.
 US      24 - Don't 
                                Rage Against the Machines—Own Them
 American Compass - 24 
                                Sept 2025
 That legislation created 
                                the Employee Stock Ownership Plan (ESOP) 
                                ... Employee Ownership demonstrate that 
                                employee owners possess over twice ...
 US      25 - ESOPs 
                                Are Back In The Spotlight— What Advisors Need 
                                To Know In 2025
 Forbes - 26 Aug 2025
 The tax benefits are 
                                particularly attractive for C-corporations. Sellers 
                                of C-Corporation stock to an ESOP may defer 
                                capital gains under Internal ...
 US      26 - ESOPs: 
                                Renewed Relevance In 2025
 FA Mag - 27 Aug 2025
 ... ESOP. S-corporations, 
                                meanwhile, benefit from income tax exemptions 
                                under Section 512. From an estate planning standpoint, 
                                ESOP transactions can ...
           > BACK TO TOP       | 
   |  
                      |  | For 
                              information and contactEFES - EUROPEAN 
                              FEDERATION OF EMPLOYEE SHARE OWNERSHIP
 FEAS - FEDERATION EUROPEENNE DE L'ACTIONNARIAT SALARIE
 Avenue Voltaire 135, B-1030 Brussels
 Tel/fax: +32 (0)2 242 64 30
 E-mail: efes@efesonline.org
 Web site: www.efesonline.org
 EFES' objective is to act as the umbrella organization 
                              of employee owners, companies and all persons, trade 
                              unions, experts, researchers, institutions looking 
                              to promote employee share ownership and participation 
                              in Europe.
   |  |  |