Atlas MBO Complete, Successes Noted

Published: April 01, 2011

Bedford, UK | The management buyout of Atlas Converting Equipment from Bobst Group of Switzerland in October 2010 was concluded just one day before the opening of K 2010 in Düsseldorf, Germany. According to managing director Alan Johnson, the timing was excellent. “The K show was an ideal platform to meet with key customers face to face and explain the structure and strategy for our business.” He says the company took sales contracts in excess of e5M.

“Our key focus is our customers and to complete the transition from Bobst Group in an efficient manner, without affecting our service to customers in the marketplace,” Johnson explains. “This process is well underway, and we expect it to be completed within the first six months of 2011, by which time our sales and service facilities in North America and China will be fully operational.

“It is our intention to continue investment within the organization, particularly in technology and service,” Johnson adds. “An example of this is a significant investment in a new 3D CAD engineering design system, which will be installed in the coming months.”