Key Technology, Inc.

Key Technology, Inc.

Key Technology, Inc.

Overview
Date Founded

1948

Headquarters

150 Avery Street, Walla Walla, WA, 99362, USA

Type of Company

Private

Employees (Worldwide)

645

Industries

Industrial Machinery & Manufacturing
Wholesale: Industrial Products & Manufacturing

Company Description

Key Technology Inc From headquarters in the USA, and facilities in The Netherlands, Australia and Mexico—Key circles the globe with automated process technology and innovations that assure quality, efficiency, and rapid return on investment. Key Basics We design, manufacture and market process automation systems for food and other industries. This technology integrates automated optical inspection systems, specialized conveyor systems, and processing/preparation systems, as well as research, development, and world-class engineering. Our served markets range from fruit, vegetables, potatoes, snacks, cereals, and meat, to tobacco, pet food, plastics, and pharmaceutical/nutraceutical manufacturing. Vision Systems Key’s automated sorting equipment replaces manual inspection and less advanced optical sorters, bringing color vision, intelligent selection, split-second defect removal, and reliable good-product recovery to the plant. Key’s advanced vision systems find and remove foreign material with cameras and laser sorting technology allowing processors to deliver the highest quality product to consumers. Vibratory Conveyor Systems Key changed noisy, damaging conveying into a quiet, smooth, efficient ride. Our Smart Shaker® line features Iso-Flo®, the industry flagship for specialized vibratory conveyors, with more than 25,000 installations worldwide and unequalled performance for handling specific applications and capacities. Further innovations provide continuous processing, increased control, and longer machine life, whether handling fruit, vegetables, snacks or poultry. Processing Systems Key helps processors meet precise quality and appearance specifications for maximum shelf appeal. The Farmco family of grading and food sizing equipment ensures consistency in whole and sliced fruits and vegetables. Quality Assurance Key Technology is ISO 9001-registered, certifying that our quality management system meets international standards for consistency in our products and services.

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Executives & Employees

Chief Executive Officer & Director

President

Chief Financial Officer, Secretary, Treasurer & Director

General Manager of Process Systems & Integrated Solutions Group

Senior Director of Global Operations

Senior Director of Aftermarket, North America & Intercontinental

Senior Director of Global Marketing & Latin America & Asia Sales

Senior Vice President of New Products & Business Development

Senior Vice President Finance

Senior Vice President of Global Sales

Board of Directors

President & Chief Executive Officer at Duravant LLC

Senior Vice President-Finance at Manitowoc Foodservice Cos. LLC

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Recent Transactions
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Duravant LLC purchases Key Technology, Inc.

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Key Technology, Inc. purchases Visys NV

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Key Technology, Inc. purchases Proditec SAS

Transaction Advisors
Accountant

Advised onKey Technology, Inc. purchases Advanced Machine Vision Corp.

Legal Advisor

Advised onDuravant LLC purchases Key Technology, Inc.

Investment Advisor

Advised onDuravant LLC purchases Key Technology, Inc.

Attorney

Advised onDuravant LLC purchases Key Technology, Inc.

President

Advised onKey Technology, Inc. purchases Visys NV

Managing Director

Advised onKey Technology, Inc. purchases Visys NV

Clients

Lamb Weston Holdings, Inc. engages in the production, distribution, and marketing of value-added frozen potato products. It operates through the following business segments: Global, Foodservice, Retail, and Other. The Global segment includes branded and private label frozen potato products sold in North America and international markets. The Foodservice segment comprises branded and private label frozen potato products sold throughout the United States and Canada. The Retail segment consists consumer facing retail branded and private label frozen potato products sold primarily to grocery, mass merchants, club, and specialty retailers. The Other segment compose of vegetable and dairy businesses. The company was founded on July 5, 2016 and is headquartered in Eagle, ID.

McCain Foods Ltd. manufactures frozen food products. It offers frozen French fries and potato specialties. The firm also produces pizza, appetizer, oven meal, and vegetables for both the retail and foodservice industries. The company was founded by George Wallace Ferguson McCain, Harrison McCain, Robert McCain, and Andrew McCain in 1957 and is headquartered in Toronto, Canada.

Koerber AG operates as a management holding company, which oversees the group's seven business areas that include; automation, logistics systems, pharma systems, tissue, tobacco, corporate ventures, and Korber Digital.The company was founded in 1987 and is headquartered in Hamburg, Germany.

Key Stats and Financials As of 2017
Market Capitalization
$173M
Total Enterprise Value
Earnings Per Share
Revenue
$140M
EBITDA
$11.1M
Competitors
Tomra Systems ASA Industrial Machinery & Manufacturing - Asker, AK

Tomra Systems ASA engages in the provision of sensor-based solutions. It operates through the following segments: Collection Solutions, Sorting Solutions, and Group Functions. The Collection Solutions segment offers reverse vending and material recovery. The Sorting Solutions segment provides optical sorting systems to the food, recycling, and mining businesses. The Group Functions segment refers to the corporate activities of the group. The company was founded by Petter Sverre Planke and Tore Planke on April 1, 1972 and is headquartered in Asker, Norway.

VDL Groep BV Auto Parts & Tires - Eindhoven, NB

VDL Groep BV develops, manufactures and sales of buses and coaches, and high-tech subcontracting for the semiconductor industry. It offers chassis modules, public transport buses, and mini buses. Its finished products sector comprises suspension systems for the automotive industry, production automation systems, heating, cooling, and air-technical systems. The company was founded by Pieter van der Leegte Sr. in 1953 and is headquartered in Eindhoven, the Netherlands.

Bühler Holding AG Chemicals - Uzwil, SG

Bühler Holding AG engages in the acquisition, holding, and management of domestic and foreign companies and other representations of the Bühler Group engaged in plant construction, mechanical engineering, and other related activities. The company was founded on November 20, 1962 and is headquartered in Uzwil, Switzerland.