Argosy Secures New Era of Growth
Argosy, a prominent provider of broadcast and AV infrastructure products, has successfully completed a management buyout (MBO), marking a significant milestone in its history. The move sees existing directors Chris Smeeton and Josh Simons take full control of the company, allowing them to chart a new course for growth.
The MBO, which was finalized on July 26th, provides Argosy with the commercial agility to respond dynamically to market demands. This newfound independence will enable the company to expand its product range and services, while pushing into new markets and technologies.
Embracing New Opportunities
In a statement, Chris Smeeton emphasized the importance of this development, stating, 'We are delighted to be able 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.'
Josh Simons, technical director, added, 'Pushing into new markets and new technologies is a critical part of our growth plan for the future. 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.'
Showcasing Capabilities at IBC2018
Argosy will be demonstrating its capabilities at IBC2018 (RAI Amsterdam, September 14-18) on stand 10.C51. The company's participation in the event serves as a testament to its commitment to showcasing its latest products and services.