After 35 years of running Ambroplastics, Tom Teichmann is retiring as Managing Director. On Friday 22nd October, the current management team completed an MBO to buy Toms controlling share of Ambro.
The team, consisting of Paul Kelly, Production Director, Chris Corbett, Sales Manager, Darren Yates, Production Manager and myself, former Sales and Marketing Director, have worked hard to agree a deal that suits all parties, and really sees Ambroplastics in a very strong position to continue as market leader in the Presentation Product industry.
Tom will continue to have an active role in the company, concentrating on the financial aspects, which have always been his primary focus, as well as certain special projects, for a period of up to three years, on a part time basis.
35 years is a long time to have been in the driving seat, and Toms experience, calm approach, and level head will be missed. However, Tom recognises the need for new blood and a more youthful approach being required to drive the company on.
Whilst Tom will be around for some time, there is no question that he will be missed by us all, but there is also a great deal of excitement moving forward.
All that remains is to thank Tom for his dedication to Ambro, and leaving the company in such a healthy state, and wish him luck for the future.