Bristol, UK-based Kliklok International, Ltd. is Independent Company
July 01, 2008
Klikwood Corporation, the parent company of Kliklok Corporation, Decatur, GA, USA and Kliklok International Ltd., Bristol, UK, announces the acquisition of a majority interest in Kliklok International by its senior management team, consisting of: Robert J. Morley, Managing Director; David L. Williams, Finance Director; and Nigel J. H. Fox, Business Development Director.
Since becoming privately held in 1986, these companies, operating under the brands of Kliklok and Woodman, have recognized the lasting, long-term value of entrepreneurship and "hands on" owner responsibility for customer satisfaction. With this change, the Kliklok International management team is ideally positioned to respond quickly for the good of their customers, associates and suppliers.
Peter E. Black and William L. Crist, equal Klikwood shareholders, initiated the change following the previously announced June 30 retirement of Kliklok International's former Managing Director and Klikwood shareholder, Robert G. Davis. This is with the intention that Klikwood's remaining minority interest in the Bristol business and new licensing agreements between the parties will retain the benefits of historic cooperation.
Says Crist, "This is good for everybody, especially our customers around the world. Of crucial importance is keeping our brands intact and continuing to share personnel resources, technology and marketing presence. We've all known each other for a long time and look forward to working together for many more years."
Kliklok-Woodman is a leading international supplier of packaging machinery to the bakery, snack food, frozen food, prepared food, confectionery and dairy industries. KW supplies vertical form-fill-seal bagmakers and weighers; topload, endload and wraparound cartoners; product handling and indexing machines; and specialized machinery. KW's installation base is estimated at more than 20,000 machines in operation in more than 80 countries. For more information contact KW at sales@klikwood.com or at (770) 981-5200, or visit our website at www.klikwood.com.