Alan Buck, 72, the owner of Graphics Arts (UK) and its subsidiaries Concept4 Creative and Printoff Graphic Arts has retired and the company is sold out to an MBO team.

On the occasion of 40th anniversary of the company, the decision was made out. MBO team consists of 03 members. These are Alex Buck, who is the son of Alan and the technology director of the company. The other 02 members are Jason Tomlinson, the finance director and Jane Cleaver the managing director of the company. All of these members will remain in their existing roles within the company.

MBO Team

Cleaver explained that they were in discussion since the start of this year and finally ended up with a quick deal.

She said: “There wasn’t a lot of nitty gritty, Alan wanted this to happen, we wanted it to happen and we were able to work through it very swiftly.

“As we celebrate the 40th anniversary of the business this has been very timely. Alan is very confident that we will be able to take things further forward for him and we are all excited at the opportunity.”

All of these MBO members are in business for more than 20 years.

“We aren’t looking for much change, we have from Printoff’s point of view invested in a new web-to-print solution that has taken traction,” added Cleaver.

“We feel we can press forward with that and embrace the technology that is out there and feel we are quite unique because of what we offer as a group of companies. So we will be embracing new technologies but continuing to invest in traditional print.”

This is a good notion that a company is sold out to internal members. MBO members are already involved in the operations and progress of the company, so there wouldn’t be much change in the management.