No slacking from us
Barely a week goes past without more news on the acquisition trail within the industry. This time around, we have heard of SLAC acquiring OKL’s assets.
In case you missed the news, Suzhou SLAC Precision Equipment has entered into an agreement to purchase the assets of O.K.L. Can Line and Allcan Global Service, and has now received court approval. The transaction is expected to close shortly.
As part of the deal, OKL assets will be transferred to SLAC include equipment, work in progress, intellectual property, technical drawings and the rights to use the OKL brand name. SLAC will intent to bring the acquired assets rapidly to operational efficiency, and to develop them to bring ever stronger global equipment solutions to its customers, worldwide.
With this news, our June issue is rather timely, as we have an exclusive interview with the SLAC team of Shu An, chairman and managing director, Chris McKenzie, chief marketing officer, and Richard Moore, managing director, RMRM Consultancy. In this feature we touch upon the company’s acquisition trail, new product launches and the direction of the company; with this recent acquisition of OKL, the article should be particularly informative.
I hope you enjoy your week.