31 Jan 2024

IMI Europe announces new ownership

IMI Tim Phillips and Mike Willis

IMI Europe Ltd has announced management and ownership changes for 2016. After 17 years of running successful inkjet conferences and courses, Mr Mike Willis will step down as Managing Director of IMI Europe and sell a majority share of the company in a transaction that will close on 31st December 2015. Mr Willis will become Chairman with an advisory role in the company and retain a minority stake in IMI Europe.

Mike Willis comments: “After many years of running IMI Europe as well as my consultancy company Pivotal Resources, it is time for me to take a less active role in running conferences and have some more time to myself. We intend to continue to grow and develop the company but it is time for someone younger to take over the main activities.”

Dr Tim Phillips, formerly of Xennia Technology and Sensient, will take over as Managing Director and majority owner of IMI Europe.

“This is an extremely exciting opportunity for me,” adds Tim Phillips, “and I am very pleased to take on the challenge as I have had the ambition to own and run a company for many years. IMI Europe is an excellent business which I believe will benefit from the new ideas and energy which I bring. We have already launched one new event, the Inkjet Ink Development Conference in Lausanne, April 2016 and will announce further plans for growth in the future.”

Dr Phillips is also launching Catenary Solutions Limited, a technology marketing consultancy, offering expertise in commercialising technology products, drawing from 24 years of experience of business development and marketing roles in global technology companies.

[Image shows Dr Tim Philips (L) and Mr Mike Willis (R)]