Glyn Hopkin's employee ownership trust sale marks a shift in how groups are looking at succession planning, argues Alison Ashley, RSM UK head of motor retail.
The group, which has a £550m turnover, has 25 sites and employs more than 800 people, making it the largest EOT transaction in the franchised motor retail sector.
When business owners are planning for a future exit, there are various options to consider.
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