Simon Dixon, the founder of US-based Hatmill, is transferring 100 per cent of shares to an Employee-owned Trust (EOT) for the benefit of employees.

Hatmill, which has a turnover of £6m, was established in 2009 and now has a team of over 35 working with clients such as Asda, Greggs, NHS Supply Chain and Boots.

Mr Dixon said: “Since founding Hatmill 12 years ago, the growth and success of the company are beyond my wildest dreams. It’s such a proud moment to be able to hand over Hatmill.

“Transferring ownership into my amazing team’s hands ensures Hatmill’s ‘Teal’ culture and values live on, which was one of the most important factors to me in considering any next chapter for the company.

“It’s a key differentiator between Hatmill and our competitors; our clients value the difference it makes to them. It hugely influences our ability to attract and retain the very best talent in the industry. I firmly believe this next chapter as an employee-owned business is just reward for the hard work and talent of our brilliant team.

“Becoming employee-owned is about maintaining and building on our unique culture. Creating a great place to work is fundamental to my business principles, and I’m excited about the next stage of Hatmill’s journey.”

Hatmill was advised by Phil Southern at the FD Centre and Anna Haworth and Martin Cooper at RSM.