Wallace & Gromit producers hand stake in business to staff

Founders of the UK’s biggest animation company giving up 75%
of Aardman to employees to ‘safeguard independence’

The owners of Aardman, the animation studio behind Wallace
& Gromit
, Shaun the Sheep and
Morph
, are handing over a 75% stake in the business to their
140 employees in a bid to protect the Bristol-based company’s
independence.

Peter Lord and David
Sproxton
, who founded the UK’s biggest animation production
company while still at school, are set for a multimillion-pound
payout as part of the deal, under which they will together continue
to own a quarter of Aardman Holdings, the company’s parent
group.

Source: FS – All-News2-Economy
Wallace & Gromit producers hand stake in business to staff