Posts Tagged ‘Primo’

  • Tharstern ANZ all good with UK MBO

    It’s business as usual for all PRIMO users here as the local distributor welcomes the MBO as a guarantee of continuing healthy competition in workflow and MIS.

    Keith McMurtrie, managing director, Antony Lord, technical director and Lee Ward, sales director of the Lancashire-based software company have put their money where their belief is by taking a significant ownership stake in the business.  The three will retain direct day-to-day running of the business in their current roles after buying it from the family of the original founder, who set up Tharstern 30 years ago.

    "…investing in a future that will support the industry," Tresta Keegan.

    According to Tresta Keegan, managing director, Tharstern Australia  & New Zealand, the MBO has significant and positive implications. She is especially pleased that it will assure an independent future for the product.

    “Our M.I.S. won’t be consumed by a competitor buy out and then retired forcing users to change to other products they never wanted to adopt in the first place. There has to be healthy competition in the marketplace and PRIMO is an exceptional solution, certainly recognised by the number of printers signing up for it. We’ve taken six sites live in six months with a few of those sites being large, complex installations. With over 50 installations trans-Tasman and with Tharstern UK’s own customer base of 500plus companies, they had to take steps to make sure everyone was investing in a future that will support the industry, not subvert it.”

    Tharstern has a £4million turnover and employs 46 people, of whom 30 work from the headquarters at Colne, Lancashire, in the UK, with the rest field-based. Tharstern will remain in its 10,000 sq ft recently refurbished premises.

    Keith McMurtrie, Antony Lord and Sales Director Lee Ward at Tharstern's UK headquarters at Colne, Lancashire.

    This sentiment was echoed by McMurtrie in the UK as providing security and continuity, ensuring that Tharstern retains its brand and identity as a recognised world leader within the printing and allied industries.

    He added: “This move retains our independence and gives us even greater confidence for the future. It also gives us an even stronger platform for rapid growth in what we know is an expanding market.  Mobeus has proved itself to be a supportive investment partner and we will be working together to invest in Tharstern and continue the development of our market-leading product suite.”

    Tharstern, which has ties to all the major printing vendors, has been providing workflow and management information systems (MIS) to the global commercial printing and graphic arts industry for 30 years.