Adleta Ownership Forms ESOP, Sells 100% of Stock
Carrollton, TX, December 13, 2021-Effective immediately Dianne and Jack Adleta have sold 100% of their Adleta Corporation stock to the newly formed Employee Stock Ownership Plan (ESOP).
Adleta is a Texas-based flooring distributor that has been in business for more than 100 years.
By selling to an ESOP, the group is able ensure that the company remains independent. This will result in minimal change to the company’s operations. The senior leadership team will remain firmly in place.
This also will give all employees an equity interest in the company, which will provide an additional long-term incentive for continued success.