The Harlands management buyout from Grenadier Holdings is the result of meticulous planning. No details regarding the deal have been made available.

“This MBO is the culmination of many months preparation and is aimed at giving the business the freedom to develop more rapidly as an independent company within the labels sector,” says managing director Ian Wright.

“The past three years have seen the restructure of the business into a well equipped specialist within the sector, manned by a proven and experienced team that spans all areas of the business.

“Our team will remain the same as will our goals and objectives and we will continue to be driven by our customer’s need for new and improved products with continued investment in this area.

“Harlands will continue to focus on building relationships with our clients to develop an understanding and awareness that enables the delivery of the highest possible standards of product and service.

“We have been very selective in the structure of our financing to guarantee that we have a stable platform with the flexibility to invest and develop in accordance with our overall business plan.”