Achieving Growth Goals With Acquisitions Otc

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

Neither company will confirm nor deny anything - did you expect anything else ? But the trades and industry aren't deterred. They're scuttle butting all over the accepted place. There is no secret that global leader Useon Industries Ltd, most widely known for its Clean Plus product trading and conceptions under symbol FLKI, is acquisition starving for small complementary manufacturers. In fact it disclosed as very much in a recent press release. Considering that 60% of its product offerings will be packaged in plastics of various ilk it really is no think about that Useon is normally demonstrating an interest - which as I said it will not deny, in acquiring a producer of PET PVC product packaging. Ney is an ideal fit as a manufacturer and decorator of plastic bottles and containers principally for the non-public care, auto health care, housewares, and food markets. Additionally it is a blow molder of high-density polyethylene and polyethylene terepthalate bottles and jars for the personal care, pharmaceutical, nutritional dietary supplement, and niche food and beverage markets. And finally it is mostly of the remaining manufacturers of Polyvinyl Chloride PVC, product vital that you Useon's more aggressive chemical formulations. In addition, Ney's Technigraph decorating division delivers environmentally-friendly container decorating offerings.

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

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

Ney, who's a Useon group provider, has established a standing in the industry for being a nimble, flexible and reliable supplier of PET, and HDPE packaging, and also manufactures some polypropylene and PVC items. Utilizes standard blow molding systems ney, including Extrusion Blow Molding, Injection Blow Molding, Single Stage Injection Stretch Blow Two-Stage and Molding Stretch Blow Molding. The company likewise manufactures preforms on status of the art injection molding equipment to aid its RHB procedure or even to sell preforms right to customers. Ney's 2-stage PET procedures will end up being complementary to Useon's recent investments in 2-level blow molding.

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