Vesta Software Group announces the acquisition of Greycon Ltd.


October 12th, 2018


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Vesta Software Group

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Vesta Acquires Greycon

Wallingford, Oxfordshire, October 12, 2018 – Vesta Software Group, part of Jonas Software (“Jonas”), is pleased to announce the acquisition of Greycon Ltd. (“Greycon”), a global leader of software solutions for the Paper & Board, Plastic Films & Flexible Packaging, Nonwovens, Metals and Converting industries.

Scott Saklad, Group CEO of Jonas UK, had this to say, “We are very excited to acquire Greycon, a world leader in providing a suite of rolled materials optimisation solutions that help manufacturers streamline their production processes and increase customer service. With a presence in four different continents, acquiring Greycon gives Jonas immediate credibility and authority in paper, plastic film, nonwoven and metals verticals around the world. We look forward to working with the team at Greycon to continue to provide innovative solutions to help their customers flourish and strategically expand into new markets. Please join me in welcoming the Greycon team to the Jonas family!”

“The acquisition of Greycon is an outstanding milestone and recognition of our team’s hard work, innovations, commitment and successes over the last 30+ years,” says Dr. Constantine Goulimis, CEO of Greycon. “Jonas’s mission and values align with our strategic vision and goals, our belief to provide optimal customer service and take care of our employees. We are excited to join Jonas and leverage their expertise in operating vertical market software. We look forward to continuing to build and innovate the most dynamic software solutions for our customers.

About Greycon

Founded in 1985 from the Industrial Systems Group of Imperial College of the University of London, Greycon is the world’s leading provider of production planning, scheduling, forecasting and manufacturing execution systems, which are designed specifically for roll-based & flat sheet industries. Greycon’s founders, Alex Dimitriadis, Prof. Greyham Bryant, and Dr Constantine Goulimis, have taken Greycon throughout the world with 500 sites in over 40 countries. With solutions such as X-Trim, GreyconMill, opt-Studio and Greycon Forecasting, companies can achieve new success and growth like never before.
Greycon is the recent recipient of the Queen’s Award for Enterprise in International Trade for their successful overseas expansion.

About Jonas Software

Vesta Software Group is a portfolio group of Jonas Software, who operate in over 95 independently managed software brands around the world, providing them with the strategic guidance and financial security required to be leaders in their respective markets. From its roots formed in the construction and club management markets, Jonas Software’s reach has grown extensively within the fitness, membership, hospitality and industrial verticals. Today, Jonas Software is proud to supply industry-leading enterprise management software and related services to more than 80,000 customers in over 25 vertical markets.