Sam's Italian Foods is now employee-owned - CentralMaine.com
All 13 shops in Maine have transitioned from private ownership.
Source: centralmaine.com
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Stock ownership roll-out begins for employees of Maine eatery with 14 locations
Employees received initial share allocations that total 10% of the company's ownership. The eventual goal is 50% to 80% employee ownership.
Source: mainebiz.biz
Exit ramps: From buyouts to ESOPs, retirement takes many different routes
While 96% of business owners agree it’s important to have an exit strategy, only 13% of those business owners actually have a written plan in place. For those developing one, there's a widening array of options from which to choose.
Source: mainebiz.biz
Lewiston-based Sam's Italian Foods is sold; new owners say no changes planned
The 83-year-old business was acquired by a venture capital firm with the intention of becoming employee owned.
Source: sunjournal.com
Lewiston-based Sam's Italian Foods is sold; new owners say no changes planned
The 83-year-old business was acquired by a venture capital firm with the intention of becoming employee owned.
Source: centralmaine.com