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Restructuring At Kliklok Woodman
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Today's News
 
 
Restructuring At Kliklok Woodman
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."
Item last updated:   Thursday July 03 2008 12:58
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