Financed by GE Capital, the deal will secure all 221 jobs at the 13-acre Bath site, which specialises in paper bag manufacture.
Welton Bibby & Baron managing director Malcolm Ross headed the four-man MBO team, which also included sales and marketing director Nick Tomkins, operations director Jamie Goudie, and Bibby & Baron sales and marketing director Stuart Andrews.
Tomkins said the team is looking to expand and grow the business, including enlarging its workforce.
Welton Bibby & Baron had sales of 20.7m last year, and made a 900,000 operating profit.
Have your say in the Printweek Poll
Related stories
Latest comments
"And here's me thinking they bought the Docklands Light Railway."
"15 x members? Why don't they throw their lot in with the Strategic Mailing Partnership (SMP) and get a louder voice?"
"Some forty plus years ago I was at a "sales" training seminar and got chatting to the trainer after the session had finished.
In that conversation he told me about another seminar he had..."
Up next...
Customer demand increasing
A4 Laser Labels expands with larger site and kit investment
Price rises in US 'to at least partially offset' costs
Cimpress withdraws guidance due to Trump's tariffs
Proceeds to be invested in growth strategy
James Cropper sells some specialist IP
Making changes to limit tariff impact in US