Smith (L) with Little: I am excited to be taking the business into new markets
Malcolm Little, the former managing director of the business, has sold part of his shareholding for an undisclosed sum to sales director Tom Smith, who has taken on the position of managing director.
As the only two shareholders of the company, Little will now move to the role of executive chairman and will work alongside Smith to provide strategic advice as the business enters a new growth phase.
Advanced Dynamics was established in 2004 and has developed a range of filling, capping, and labelling machinery to support production lines across a variety of sectors. It works closely with customers to provide ongoing technical expertise, in addition to supplying machinery.
ADVANCED Dynamics, a Bradford-based business which manufactures automated filling and packaging machinery, has completed a Management Buyout (MBO) for an undisclosed sum, supported by a team of Yorkshire advisers. Established in 2004, the company has developed a range of filling, capping and labelling machinery to support production lines across a variety of sectors. With over 100 years’ combined experience, Advanced Dynamics work closely with customers to provide ongoing technical expertise in addition to supplying machinery. The company has grown to be a £5.5m turnover business, employing 22 people from its Bradford head office and factory at 606 Industrial Park. Malcolm Little, who has now become executive chairman, has sold part of his shareholding in the business to sales director Tom Smith, who takes on Mr Little s former position of managing director.