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PALADIN ATTACHMENTS ACQUIRES KODIAK MANUFACTURING
May 21, 2015
Farm Equipment magazine reports:
Paladin Attachments today announced the acquisition of Kodiak Manufacturing Inc. Founded in 1996 and headquartered in Charleston, Tenn., Kodiak is a leading manufacturer of agricultural implements including rotary cutters, soil and gravel movers, tillers and additional tractor implements.
The move supports Paladin's continued product diversification objectives and improves its presence in the agricultural market sector. Similarly, it provides Kodiak with a solid platform for continued growth through increased capacity and market support that enhances the value of the brand to its customer base.
The integration will be transparent to the many loyal Kodiak customers who can continue ordering product through existing channels, as they have always done. Paladin will add value through process improvement, manufacturing diversity and market support services to further enhance the overall customer experience for Kodiak products.
Mike Flannery, vice president, general manager of Paladin, commented, "The Kodiak acquisition fulfills critical growth strategies that are central to Paladin maintaining its leadership position in the high quality attachment provision. We highly respect the Kodiak brand, as well as the people and products that define this unique brand proposition.
We also highly value the solid customer relationships Kodiak has built and maintained over many years and these relationships align very well with our channel strategies."
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