Employee ownership for 300-strong Castle Donington NHS provider

Staff have taken control of a Castle Donington provider to the NHS after its shareholders of the company entered into an agreement to sell the entire share capital to an Employee Ownership Trust (EOT).

Medstrom was founded in 2010 to provide hospital equipment, bed management and service delivery to the NHS. The firm has grown to become the only UK-owned manufacturer of acute care beds in the UK and now employs around 300 people.

David Belli, CEO, said: “Medstrom is securing the future of the business, including its ethos, values and focus on sustainability, whilst maintaining our unique culture.”

Scott Apsey, Medstrom managing director and CIO, added: “It gives us all great pleasure to give something back to our very committed colleagues, as they often go above and beyond their duty to ensure our customers and patients are well looked after.”

Rachel Apsey, commercial director, said: “The new ownership structure shall continue to provide stability, continuity, depth of management knowledge and quick decision making for all of our customers for the long term. It is therefore business as usual, continuing to do what we do well – focusing on our customers.”