I'm delighted to welcome Koji to our Board, I have a huge respect for Kai, and thank them for their belief in our brand, and its international growth opportunities. Will King, Founder & CEO.
(PRWEB) October 23, 2010
The King of Shaves Company Ltd. is delighted to announce that Kai Industries, a Japanese manufacturing & technology company based in Tokyo have taken a minority shareholding in the company, the transaction size is not disclosed. Mr. Koji Endo, President & CEO of Kai was also appointed to the company's Board of Directors.
Will King, Founder & CEO of King of Shaves, said, "I'm delighted to welcome Koji to our Board, we have developed a strong and successful partnership with Kai, their investment in King of Shaves is testament to their belief in our brand, and its compelling international growth opportunities."
Koji Endo, President & CEO of Kai Industries said "Kai is a company with over one hundred years expertise in technology and manufacturing, committed to long term success and product excellence. We are pleased to be a partner with King of Shaves, widely regarded as one of the world's most innovative men's grooming brands, and look forward to collaborating with them over many years."