ARNHEM, NETHERLANDS—Printing press manufacturer MPS Printing has completed a restart through a Management-Led Buy-Out and enters a new phase focused on restoring stability, rebuilding trust, and creating long-term value for customers employees and partners. The buy-out was initiated by Richard Miedema, Michiel Borst, Nick Tyrer and former MPS Systems co-founder Bert van den Brink.

The MPS management team has developed a plan to reposition the company as a healthy and sustainably operating business, with a strong focus on service, recurring revenues and selective new equipment sales. The new direction of MPS Printing includes:

• renewed investment in service, technical support, and customer care;
• strengthening the company’s presence with a more resilient business model;
• a more efficient, and transparent organizational structure.
• Lifecycle development of the product portfolio.

The management expresses sincere appreciation to employees, customers, suppliers, and partners who continued to engage with MPS Printing despite the uncertainty of the past period. “We recognize the hardship this has caused for some of our stakeholders. Your continued engagement and your willingness to look ahead with us are invaluable. We are committed to earning back your trust through our actions in the months and years ahead,” the company says in a press release.