Velox appoints Tony Allott as chairman
Waypoint Investors LLP led the company’s last investment round which was recently completed.
Velox’s commercial solutions include industrial-grade digital decorators for mass production of aerosol cans, tubes and beverage cans.
Tony is an experienced senior executive in the packaging sector, said Velox. For 16 years, he was president and chief executive officer of Silgan Holdings Inc. - a NYSE traded global manufacturer of sustainable rigid packaging and dispensing solutions, where he continues to serve as chairman.
Prior to Silgan, Tony served for nearly a decade as the chief financial officer of Applied Extrusion Technologies, Inc. a manufacturer of flexible packaging, joining the company as it completed an acquisition that quintupled its size.
Tony started his career as a certified public accountant with Deloitte. He is a graduate of The Questrom School of Business at Boston University, where he also chairs its Advisory Board.
Marian Cofler, co-founder and chief executive officer said: “Tony Allott’s addition to the team is yet another step change for Velox as the company matures into the leading digital printing company for rigid packaging. We are looking forward to benefitting from Tony’s broad experience and knowledge in the packaging industry. We also want to thank Dr. Shlomo Shamir who was our chairman since our early days till now and helped building the company to its current position”.
Tony Allott commented: “I have been so impressed by the Velox team and am proud to join their efforts to bring the digital printing revolution to the packaging market. I strongly believe that the company’s disruptive technology will change the packaging industry, the same way that digital printing changed the commercial printing industry”.