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Mitchell & Brown TV brand owner, TVD Group, celebrated its first Employee Ownership Day and previewed its flagship AV trade showroom that will open officially this summer.
Tuesday 4th July 2023: Following the move to 51% employee ownership, Bolton’s TVD Group celebrated its first EO Day with an employee-wide networking event, complete with a preview tour of the brand’s new AV trade showroom opening this summer. The event was supported by TVD’s suppliers and partners, including Advantech, Midwich, Exertis, B-Tech and Philips, and Platinum Event Partner, Samsung.
The company now employs over 50 people from its Bolton base and is integrating its core values as a family business into its new structure with the employees at the heart of its ambitious sustainable growth plans.
“TVD Group has gone from strength to strength based on our commitment to customer service, our staff, and the local Bolton community,” comments TVD Managing Director, Lucia Maguire.
“The transition to majority employee ownership is a natural extension of our commitment to our employees, the area, and the business. Employee ownership has been shown to improve employee engagement, boost productivity and fuel progress, and will enable the business to continue to grow and flourish in Bolton long into the future,” added Lucia.
TVD’s new Technology Experience Centre showroom will officially open later this summer, but the brand’s new co-owners had a chance to preview the new trade-only space. Featuring extensive products from its suppliers, training facilities and demonstration areas, this state-of-the-art almost 1000 square feet facility showcases the best new products from the brands that have been pivotal in TVD’s growth over almost three decades including the attention-grabbing Samsung ‘The Wall’ MicroLED display.
“The showroom is going to be a great place for our customers and suppliers to immerse themselves in a unique technology experience, generate ideas and understand how technology can impact their businesses and meet their customer’s needs,” adds Lucia. “We hope that our customers and suppliers will also utilise this space for their own meetings or presentations; it’s a great hosting space and we are so excited to open the doors and welcome existing and new partners and customers.”
The Employee Ownership Day brought together employees from every department of TVD Group to network, exchange ideas, and celebrate shared ownership. The ‘team’ feel was enhanced by ‘Co-Owner’ T-shirts, games, and presentations about different departments and processes to enable employees to understand every aspect of the business. TVD’s local heritage and family values of customer service which have underpinned three decades of growth were set out as key business drivers into the future.
With guidance from the Employee Ownership Association, TVD’s transition from a family-owned business to a corporate entity where employees have a 51% stake in the company through a managed employee Trust, was completed in the spring of this year. With an employee committee now on board, TVD Group's plans for the future will be driven by the people who will directly benefit the most – the employees. New employees will be eligible to join the EO scheme after 12 months of service, making the company ever more attractive for prospective employees in the Bolton area.
“The day-to-day running of the business hasn’t changed,” says Lucia. “Customers and suppliers will continue to have the same great relationships with TVD they have become accustomed to. However, with increased engagement and motivation across the workforce, we hope to harness the benefits of employee ownership, which will also have a positive impact on our customers and suppliers.”
For more images, information on TVD Group, or an interview with Lucia Maguire, Managing Director please get in touch.
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Founded in 1996 by Jim Brown and his sons Matthew and Daniel, TVD Group started from humble beginnings in a shop in Leigh and has now become a leading UK provider in audio visual solutions. Putting the customer at the heart of everything it does and offering unrivalled service and quality products has acted as a catalyst for growth, which has seen the group go from strength to strength.
In 2016, to celebrate the brand's 20th anniversary and pay tribute to their late father, the two brothers decided to develop their very own exclusive TV brand, names 'Mitchell & Brown' using their father's surname and Jim's mother's maiden name.
Built by Europe’s largest TV manufacturer, who design and manufacture TV’s for almost every major brand around the world, each television undergoes rigorous control processes and testing. Mitchell & Brown TV sets come in various sizes, including LED TVs from 20” to 75” with build in features such as Freeview Play, Smart TV apps, 4K UHD, WIFI, Hotel Mode and DVD Combi.
The Mitchell & Brown TV range comes with an industry-leading 7-year warranty, so its products have a reputation for client satisfaction and reliability.