Dick Moll & Sons has been acquired in a management buyout deal and will now be known as the Moll Group.
The MBO team was headed by Colin Johnson, who becomes president of the new group. Founder Dick Moll will retire from the company.
Johnson, who joined the specialist bindery and finished products firm when it set up offices in the UK in 1991, will be joined by chief financial officer Ron Fasano and chairman Sam Monastero.
Moll was founded in the US in 1975 and is best known for its range of pocket folder gluer systems, such as the Regal, Sovereign and Vantage series.
The company has recently made moves into the corrugated packaging market with its Celestar range of automatic stitching and gluing products.
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