ATLAS CONVERTING EQUIPMENT LTD. COMPLETES SUCCESSFUL MBO FROM BOBST GROUP AND MAKES POSITIVE START AT K 2010 EXHIBITION IN GERMANY

摘要

Atlas Converting Equipment Ltd. based in Bedford (UK) has been sold by Bobst Group in a Manage- ment Buy-Out (MBO) transaction. The new directors & shareholders of Atlas Converting Equipment Ltd. are Stephen Darling- ton (Chairman), Alan Johnson (Managing Director), Stan Braycotton (Sales Director) and Tom Walker (Finance Director). The existing Atlas management team will continue to manage and co-ordinate the company's global operations. The acquisition includes the dedicated Atlas Sales & Customer Service operations in both Charlotte, North Carolina, USA and Shanghai, China. Both parties agree not to disclose any information concerning the conditions of the transaction.