Senior staff have bought Melbourne specialist print company John Herrod & Assiociates in a friendly management buyout. The printer has been in business since 1963, and has been acquired by managers Chris Scott, Justin Bennett and Stefan Gajdosik who have all been there for many years, and who the formers owners say are ‘well known to the business.’ John Herrod & Associates director Paul Herrod says tha staff and customers are happy with the transition of ownership from the founding family to the mnagement, and it will be ‘business as usual.’ “It was a smooth transition, and staff and customers are absolutely happy with the MBO,” he says.

MBO: John Herrod & Associates speciality plastics and in-mould printer

Herrod says there will be no major changes to the day-to-day business practices, and there are no future plans for any such change. He says, “There will be the same staff and same location. The original owners will remain active in the business for the next three years.” John Herrod & Associates began life as  atypical commercial printer some 52 years ago, and in 1988 moved into speciality plastics printing, and today its core business is in-mould labels. It works with some of the world’s biggest brands, allowing it to be an industry leader producing award-winning work. The company says that ‘with the latest technology in prepress, print and die cutting techniques, and a dedicated team who share a passion for quality and detail, Herrod’s is committed to the highest standard of in-mould label production and plastic printing.’

Comment below to have your say on this story.

If you have a news story or tip-off, get in touch at editorial@sprinter.com.au.  

Sign up to the Sprinter newsletter