Achieving Growth Goals With Acquisitions Otc

One of the benefits or detriments of sitting due to a trade analyst may be the obliteration of your respective thinking process, as one meanders through the era of prolific trade market rumors. To wit and recently; the rumored pay for of Ney Plastics by Useon Sectors. I believe the rumor will materialize only if because it would put over 260 stock Items to Useon's Bottle and Plastic Product Conceptions Offerings, and Expands its Family pet PVC Molding Capacities Greatly.

Neither ongoing company will confirm nor deny anything - did you expect anything else ? However the trades and industry are not deterred. They are scuttle butting all around the accepted place. There is no secret that global head Useon Industries Ltd, best known because of its Clean Plus product conceptions and trading under symbol FLKI, is acquisition starving for small complementary manufacturers. In fact it disclosed as very much in a recently available press release. Considering that 60% of its product offerings will be packaged in plastics of various ilk it really is no surprise that Useon is demonstrating a pastime - which as I explained it will not deny, in acquiring a producer of PET PVC product packaging. Ney is an ideal fit http://www.useongroup.com/category/plastic-recycling.html as a manufacturer and decorator of plastic bottles and containers mainly for the non-public care, auto care, housewares, and food markets. It is also a blow molder of high-density polyethylene and polyethylene terepthalate bottles and jars for the non-public care, pharmaceutical, nutritional dietary supplement, and niche beverage and food markets. And finally it really is one of the few remaining manufacturers of Polyvinyl Chloride PVC, product vital that you Useon's more aggressive chemical formulations. Furthermore, Ney's Technigraph decorating division supplies environmentally-friendly container decorating products and services.

Manuel Garcia, communications officer at a recent press conference appointed just after spectacular outcomes for YE 2011, to discuss 2012 opportunities and goals stated : “I can neither confirm nor deny the rumors, but will say that as of now, zero expression of intend offers been exchanged between the two companies. I will say even so that Ney is certainly a well-run privately possessed company with attractive product lines in household chemicals and food packaging which would nicely complement Useon's product conceptions and admittedly provide a amount of important synergies.”

Come on - they must become kidding! This acquisition would be an important first rung on the ladder to developing new business in key sectors which are significant to FLKI's stated growth plan. Useon's announced development strategy is to include the acquisition of effective companies whose product lines and customer contacts open latest prospects for Useon's global distribution network. Ney's product lines significantly expand the quantity of products FLKI's distributors can take to the market. Garcia when pressed, added : “The opportunity for cross-selling stock products into both companies' existing customers would successfully provide some immediate product sales opportunities and also help Useon approach toward its long-term expansion objectives.”

Ney, who's a Useon group dealer, has established a status in the industry for being a nimble, flexible and reliable supplier of Family pet, and HDPE packaging, and manufactures some polypropylene and PVC items also. Utilizes standard blow molding technology ney, including Extrusion Blow Molding, Injection Blow Molding, Single Stage Injection Stretch Blow Molding and Two-Stage Stretch out Blow Molding. The company also manufactures preforms on status of the skill injection molding equipment to support its RHB operation or even to sell preforms directly to customers. Ney's 2-stage PET functions will be complementary to Useon's new investments in 2-level blow molding.

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