GSM Group Becomes Employee-Owned, Securing the Legacy of Its Founders

GSM Group Limited is proud to announce a significant milestone in its history: the business has officially transitioned to an Employee Ownership Trust (EOT), placing ownership of the Group into the hands of its employees.

This change in ownership signifies the realisation of a long-term ambition of founders Frances Dodd and her late husband Barry Dodd CBE, who built GSM with the belief that its greatest strength has always been its people. Becoming employee-owned means GSM is ensuring that the individuals who contribute to its success every day now have a meaningful stake in its future.

The Group, including GSM Graphic Arts Limited in Thirsk and GSM Valtech Industries Limited in Wetherby, has transferred ownership from Frances Dodd to an Employee Ownership Trust. Under this structure, all employees are beneficiaries of the Trust and will share collectively in the long-term success of the business.

Frances Dodd will continue to play an active role in GSM as a Trustee, working alongside employee representatives from both sites to help guide the company into its next chapter.

Reflecting on the transition, Frances Dodd said:

“I am proud to be able to pass the business on to our wonderful team, who have collectively, under CEO Paul Wright and Finance Director Gill Gitsham, continued to drive GSM forward. This transition marks an exciting new era for the company and for all of our employees. Barry and I always believed that the success of GSM came from its people — this ensures that legacy will live on.”

CEO Paul Wright added:

“This is a proud day for everyone at GSM. Becoming employee-owned means putting our people first and giving them a real stake in the business. Our team will now truly share in the rewards of their hard work and dedication, helping to ensure our continued growth and success. This transition is a lasting tribute to Frances and Barry’s vision and secures GSM’s independence for generations to come.”

Founded over 50 years ago, GSM has grown into a world-class manufacturing group, supplying industrial nameplates, graphic overlays, and precision-engineered components to customers across numerous sectors, including electronics & electrical equipment, telecommunications & broadcast, and aerospace & defence.

The move to employee ownership reinforces GSM’s commitment to its people, its customers, and the communities of North and West Yorkshire. It also ensures the business remains innovative, sustainable, and proudly local, while protecting the values on which it was built.