Metway Electrical Industries Limited Announces Transition to Employee Ownership Trust

Brighton, UK — Metway Electrical Industries Limited, a trusted name in the UK electrical industry since 1937, is proud to announce that the Company has successfully transitioned to an Employee Ownership Trust (EOT), effective from 1st November 2025.

This significant milestone marks a new chapter in Metway’s long-standing history of innovation, reliability, and service excellence. By moving to an Employee Ownership Trust structure, Metway ensures that the company’s future remains firmly in the hands of those who know it best—its dedicated employees.

Jonathan Vening, on behalf of the outgoing shareholders said:

“Metway has been a family business since Doug Barrie founded it 88 years ago. Three generations on we are proud of our history and the family atmosphere that we have always nurtured. This legacy is now passed to the wider Metway family – our people, and we are confident of a bright future for them and our customers”

Under the new EOT model, Metway’s staff collectively hold a controlling interest in the business. This transition strengthens the company’s commitment to its customers, partners, and employees by aligning ownership with the people who deliver its success every day.

“Our EOT advisors, Avondale have been highly supportive from deepening our understanding around the EOT sale and guiding us through the process to completion. They have provided financial models and detailed input to a high level together with their legal partners. I would highly recommend them for managing the EOT process.”

Managing Director, Steve Chessell commented:

“Employee ownership is the natural next step for Metway. It secures the Company’s independence, protects our values, and recognises the contribution of every employee to our ongoing success. This move allows us to build on our proud history while ensuring a strong, sustainable future for generations to come.”

Metway’s customers can expect the same high standards of quality, service, and reliability that have defined the company for over eight decades. The EOT transition will further enhance the company’s stability, agility, and long-term focus, ensuring that customers continue to benefit from innovative products and trusted partnerships.

Founded in 1937, Metway Electrical Industries Limited has grown to become a leading supplier of electrical connectors, lighting controls and lighting connection systems, serving clients across the UK and beyond. The company’s transition to employee ownership underscores its ongoing commitment to excellence, collaboration, and customer care.

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For media enquiries, please contact:

Metway Electrical Industries Limited

John Mercer, Product Manager

Tel: 01273 431600

Email: jmercer@metway.co.uk

Website: www.metway.co.uk

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About Metway Electrical Industries Limited

Founded in 1937 and based in Brighton, Metway Electrical Industries Limited is a leading UK manufacturer and supplier of electrical connectors and terminals, lighting controls and lighting connection systems. With a reputation built on quality, service, and innovation, Metway continues to serve a diverse range of industries, providing trusted solutions for over 85 years.