Broadcast cable and infrastructure products company Argosy has been the subject of a management buyout.
Directors Chris Smeeton and Josh Simons have acquired Argosy from the previous parent company.
We are delighted to be able to do this,” said Chris Smeeton. “We have long had the ambition to take the reins of the business. This gives us the commercial agility to respond dynamically to the market. Argosy will continue to grow, providing the very best in technology and services across all areas of the broadcast market while pushing further into the AV industry.”
“Pushing into new markets and new technologies is a critical part of our growth plan for the future,” added co-owner and technical director, Josh Simons. “Now we control our own investment plans, we can quickly respond to the market and offer cutting edge technologies as well as new ways of doing business.”
“We will also be improving the way we engage with our overseas partners,” added Smeeton. “We see this as an important part of our strategy going forward, ensuring we can offer a rapid response from our UK facilities.”