Edinburgh architecture practice Smith Scott Mullan transitions to employee ownership - Scottish Business News
Smith Scott Mullan has officially transitioned to employee ownership as of 22 June 2026, marking a significant milestone in the Edinburgh-based architectural practice’s long-term strategy. The move sees. . .
Smith Scott Mullan has officially transitioned to employee ownership as of 22 June 2026, marking a significant milestone in the Edinburgh-based architectural practice’s long-term strategy. The move sees existing owners Graham Acheson, Eugene Mullan and Rick McCluggage transfer their shares into an Employee Ownership Trust (EOT), securing the firm’s independence while embedding its future in the hands of its employees. The transition is designed to safeguard the practice’s long-standing culture, reputation and values, which have underpinned its work across multiple sectors over the past three decades. By adopting the employee ownership model, the firm aims to strengthen its collaborative ethos while creating new opportunities for staff development and progression. Importantly, there will be no change to the day-to-day operation of the business. Smith Scott Mullan will continue to operate under its existing name from its Rutland Square base in Edinburgh, with the current leadership team and project structures remaining in place. In a joint statement, the directors said: “We are all incredibly proud of the culture and reputation we have built over the last 30 years, and this transition is about protecting that for the future. “Employee ownership is the right step for us. It allows us to remain independent, maintain the values that define how we work, and provide long-term stability for our clients and our team. It also creates new opportunities for our people, recognising their contribution and giving them a meaningful role in the future of the business. “The move provides a clear succession pathway for the practice, supporting a smooth transition over time while retaining knowledge and experience, and ensuring the business continues to grow and evolve in the years ahead. ”The shift to an EOT model reflects a considered and proactive approach to succession planning, ensuring continuity of leadership, client relationships and service delivery, while positioning the practice for sustained future growth.