{"id":2182255,"date":"2026-11-05T15:02:04","date_gmt":"2026-11-05T15:02:04","guid":{"rendered":"https:\/\/www.thebusinessdesk.com\/northwest\/?p=2182255"},"modified":"2026-11-05T17:34:47","modified_gmt":"2026-11-05T17:34:47","slug":"family-owned-building-firm-hands-majority-ownership-to-employees","status":"publish","type":"post","link":"https:\/\/www.thebusinessdesk.com\/northwest\/news\/2182255-family-owned-building-firm-hands-majority-ownership-to-employees","title":{"rendered":"Frank Rogers Building hands majority ownership to employees"},"content":{"rendered":"

Liverpool construction and fire safety specialist Frank Rogers Building Contractors is handing over majority ownership of the business to its 80 staff.<\/span><\/p>\n

Founded in Clubmoor more than 50 years ago by Frank Rogers, the business is currently owned and run by his son, Dean Rogers, who took the helm in 2009. Now Dean is overseeing one of the biggest changes in its history.<\/span><\/p>\n

He and his directors are establishing an Employee Ownership Trust (EOT), a special type of employee benefit trust introduced in the UK via the Finance Act 2014 to encourage indirect employee ownership inspired by the John Lewis model.<\/span><\/p>\n

Under the new structure at Frank Rogers, 75% of the company is now controlled by the EOT, with the Rogers family retaining the remaining 25%. Dean will continue to run the company as managing director.<\/span><\/p>\n

In its latest accounts Frank Rogers has achieved a record annual turnover of \u00a332m as it continues to grow its footprint in both the construction and fire safety sectors. In the past five years it has developed a number of specialisms, including major heritage and education projects.<\/span><\/p>\n

Dean described the move to an EOT structure as \u201can exciting new chapter for Frank Rogers\u201d and said it was about protecting the firm\u2019s legacy while looking to the future.<\/span><\/p>\n

He said: \u201cThis is a significant milestone for the business and one that means a great deal to me personally.<\/span><\/p>\n

\u201cMy dad founded Frank Rogers more than 50 years ago, building the business on hard work, strong relationships and a reputation for delivering quality work.<\/span><\/p>\n

\u201cWhen I took over the running of the company in 2009, I was determined to build on those foundations and take the business forward.\u201d<\/span><\/p>\n

He added: \u201cIt\u2019s certainly been a journey, and I couldn\u2019t have done it without the support of my family and a number of loyal members of staff, many of whom are still with us today. We\u2019ve also been fortunate to attract some incredibly talented people along the way who have helped us grow into the business we are today.\u201d<\/span><\/p>\n

An EOT means there is no direct ownership. Individual employees do not own shares directly. Instead, the trust holds them collectively for the benefit of the workforce as a whole.<\/span><\/p>\n

Dean said: \u201cOver recent years, I\u2019ve given considerable thought to the long term future of the business. We\u2019ve had opportunities to sell to external buyers, which would undoubtedly have been financially attractive, but I always felt there was a better way to protect what we\u2019ve built.<\/span><\/p>\n

\u201cFor me, it was never just about achieving the highest sale price. It was about securing the future of the business, protecting its independence and creating an opportunity for the people who have contributed to its success to share in its future.\u201d<\/span><\/p>\n

DSG Accountants and Glenville Walker Solicitors, both based in Liverpool, played a key role in helping set up the EOT.<\/span><\/p>\n

Dean said: \u201cThis isn\u2019t the end of our family business story. It\u2019s the beginning of an exciting new chapter.<\/span><\/p>\n

\u201cIt is one that gives our employees a greater stake in the future while protecting the independence, culture and values that have been central to our success.<\/span><\/p>\n

\u201cWe have ambitious plans for the years ahead, and I genuinely believe this structure provides a fantastic platform for continued growth, investment and opportunity.\u201d<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Frank Rogers Building Contractors was founded more than 50 years ago<\/p>\n","protected":false},"author":217725,"featured_media":2182256,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53262],"coauthors":[46761],"class_list":["post-2182255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","tag-featured-story","tag-liverpool-city-region"],"yoast_head":"\nFrank Rogers Building hands majority ownership to employees<\/title>\n<meta name=\"description\" content=\"Frank Rogers Building Contractors was founded more than 50 years ago\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.thebusinessdesk.com\/northwest\/news\/2182255-family-owned-building-firm-hands-majority-ownership-to-employees\" \/>\n<meta property=\"og:locale\" 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