Achieving Growth Goals With Acquisitions Otc

One of the benefits or perhaps detriments of sitting as a trade analyst is the obliteration of your respective thinking process, as one meanders through the generation single screw extruder of prolific trade market rumors. To wit and recently; the rumored purchase of Ney Plastics by Useon Sectors. I believe the rumor will materialize only if because it would add over 260 stock What to Useon's Bottle and Plastic Product Conceptions Offerings, and Expands its PET PVC Molding Capacities Greatly.

Neither ongoing company will confirm nor deny anything - did you expect anything else ? However the industry and trades are not deterred. They're scuttle butting all over the accepted place. There is no key that global leader Useon Industries Ltd, best known because of its Clean Plus product trading and conceptions under symbol FLKI, is acquisition hungry for small complementary manufacturers. In fact it disclosed as very much in a recently available press release. Given that 60% of its product offerings are packaged in plastics of various ilk it really is no wonder that Useon is certainly demonstrating a pastime - which as I explained it will not deny, in obtaining a producer of PET PVC packaging. Ney is an ideal fit as a manufacturer and decorator of plastic bottles and containers principally for the non-public care, auto treatment, housewares, and food markets. Additionally it is a blow molder of high-density polyethylene and polyethylene terepthalate jars and bottles for the non-public care, pharmaceutical, nutritional dietary supplement, and niche beverage and food markets. And finally it is one of the few remaining manufacturers of Polyvinyl Chloride PVC, product important to Useon's more aggressive chemical formulations. Furthermore, Ney's Technigraph designing division supplies environmentally-friendly container decorating services.

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

Come on - they have to come to be kidding! This acquisition will be an important first step to developing new business in key sectors which are critical to FLKI's stated expansion plan. Useon's announced progress strategy is to include the acquisition of successful companies whose product lines and customer contacts open unique options for Useon's global distribution network. Ney's product lines significantly expand the amount of products FLKI's distributors can take to the market. Garcia when pressed, added : “The chance for cross-selling stock products into both companies' existing customers would efficiently provide some immediate revenue opportunities and also help Useon move toward its long-term growth objectives.”

Ney, who is a Useon group supplier, has established a status in the industry to be a nimble, flexible and reliable supplier of PET, and HDPE packaging, and as well manufactures some polypropylene and PVC items. 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 as well manufactures preforms on talk about of the skill injection molding equipment to support its RHB operation or even to sell preforms right to end users. Ney's 2-stage PET procedures will come to be complementary to Useon's recent investments in 2-stage blow molding.

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