THE Winchester company behind England’s largest chain of independent photographic shops is to be owned by its staff after 65 years as a family business.
London Camera Exchange, headquartered in Winchester, planned to make the move to employee ownership in March 2020 but put the move on hold for a year because of the pandemic.
An employee ownership trust has been set up, with trustees chosen from the staff to represent the 140-strong workforce.
Outgoing owner Steve Hall – whose father Reg founded the business – said: “While the business is breaking direct links with the family of its founders, we are essentially moving to the ownership of the broader London Camera Exchange family.