23 May 2019

Management buyout at Taylor Brothers

The Bristol based company had been run by the Taylor family since 1832, spanning five generations, however, it has recently been taken over by their staff. The last Taylors passed on their company after Charles Taylor elected to retire and his nephew Nick Taylor chose to follow him out of the business. This coincided with a relocation from its premises in the centre of the city, where the company had been based since the end of the Second World War.

One-time Sales Director Nigel Millen stepped up as MD and now heads a leadership team comprising Production Director Tim Thorne, Sales Director Shaun Cooper, Sales and Marketing Director Ian Mountjoy, Pre-press and Digital Director James Shield and FD Wei Xue.

Nigel said, "The main element of the sale, alongside the fact that Charles was retiring, was the fact that though the business was at a crossroads, it was sound, solid and profitable with a great customer base and reputation. It would have been a tragedy to let this fall by the wayside. We have always had a good reputation for making sure we are operating at the highest level.

"The next consideration for the £3m-turnover business would likely be around adding more wide-format equipment, though the general plan is to solidify its standing in the months on from the MBO."

Dawn Reid, Regional Director for the area added, "Since the move to the new premises, the company has taken on more staff too and along with the news that in March, Bristol and Bath City Council chose to renew a framework agreement with Taylor Brothers to print its communication literature, ranging from business cards to multi-page documents. The firm had worked the contract for six years and this renewal extends it by a further three - great news all round!"

For further information see: https://taylorbros.uk.com/