Packaging machinery supplier Kliklok-Woodman is restructuring its international operations. Klikwood Corporation, parent company of Kliklok Corporation, USA, and Kliklok International, UK, has acquired a majority interest in Kliklok International by its senior management team, consisting of managing director Robert J Morley, David L Williams, the finance director, and Nigel J H. Fox, business development director.
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 MD and Klikwood shareholder, Robert G Davis. The intention is that Klikwood’s remaining minority interest in the Bristol business and new licensing agreements between the parties will retain the benefits of historic co-operation.
William Crist comments: “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.”
