Clyde Materials Handling | Corporate Case Study |... -
[Cached Version]
Published on: 7/26/2007
Last Visited: 1/31/2009
Richard Sims, Managing Director of Clyde Materials Handling, says he sees the group growing organically in two ways.
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Commenting on this development, Sims says, "The decision to effectively float the business on the stock market was taken for a number of reasons.
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Commenting on the acquisition, Sims says, "MAC is an established provider of pneumatic conveying and air filtration solutions that we believe will not only add substantial benefit to our key customer markets but will also be a significant contributor to the enlarged group's growth.
Furthermore, we believe that there are opportunities to strengthen the global footprint of Clyde Process Solutions by introducing both MAC and Clyde Materials Handling solutions to their respective territories, customers and markets."
He continues, "Whilst organic growth remains an integral element of our strategy, we will also continue to explore the possibility of adding other technologies into our portfolio by way of acquisition.
Our AIM listing will continue to support this thread of our strategy."
Market-driven strategies
Clyde Materials Handling has been securing contracts with some of the world's leading operators across its key markets.
When asked how this has been achieved, Richard Sims is certain that the ability to deliver a high quality, standardized global product is where the company has gained an advantage.
"We've been doing a lot of things differently to other people on our business," he says.
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That's where we spend the majority of our focus in getting the right people," says Sims.
As in many sectors, finding skilled staff can be challenging, a challenge that's more pronounced in Clyde's case due to the precise skills set that the company requires.
"Instead of having a product and going out and selling, we try and understand our customers' needs - what's causing them pain in their operations, what's causing waste, what's losing them money - and then try and create a solution that will overcome their problems.
That requires a different mindset to that found in a common or garden salesman," explains Sims.