Achieving Growth Goals With Acquisitions Otc

Among the benefits or perhaps detriments of sitting as a trade analyst is the obliteration of one's thinking process, as one meanders through the era of prolific trade industry rumors. To wit and recently; the rumored pay for of Ney Plastics by Useon Industries. I really believe the rumor will materialize if only because it would add over 260 stock What to Useon's Bottle and Plastic Product Conceptions Offerings, and Greatly Expands its PET PVC Molding Capabilities.

Neither ongoing company will confirm nor deny anything - did you expect anything else ? But the industry and trades are not deterred. They're scuttle butting all over the 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 hungry for small complementary manufacturers. Actually it disclosed as much in a recently available press release. Considering that 60% of its product offerings will be packaged in plastics of various ilk it is no wonder that Useon is definitely 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 primarily for the personal care, auto treatment, 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 product, and niche beverage and grocery stores. 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. In addition, Ney's Technigraph decorating division delivers environmentally-friendly container decorating products.

Manuel Garcia, communications officer at a recently available press conference appointed just after spectacular benefits for YE recycling extruder 2011, to go over 2012 opportunities and goals stated : “I could neither confirm nor deny the rumors, but will say that as of this moment, zero expression of intend features been exchanged between your two companies. I'll say however that Ney is usually a well-run privately possessed company with attractive product lines in household chemical compounds and food packaging all of which would properly complement Useon's product conceptions and admittedly offer a amount of important synergies.”

Come on - they need to get kidding! This acquisition would be an important first step to developing new business in key industries which are vital to FLKI's stated expansion plan. Useon's announced development strategy is to include the acquisition of successful companies whose product lines and customer contacts open brand-new opportunities for Useon's global distribution network. Ney's product lines considerably expand the amount 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 properly provide some immediate revenue opportunities and also help Useon approach toward its long-term expansion objectives.”

Ney, who's a Useon group distributor, has established a standing in the industry to be a nimble, flexible and reliable supplier of Family pet, and HDPE packaging, and as well manufactures some polypropylene and PVC items. Ney utilizes standard blow molding technologies, including Extrusion Blow Molding, Injection Blow Molding, Single Stage Injection Stretch out Blow Molding and Two-Stage Stretch out Blow Molding. The company also manufactures preforms on talk about of the artwork injection molding equipment to support its RHB procedure or even to sell preforms directly to end users. Ney's 2-stage PET operations will be complementary to Useon's new investments in 2-level blow molding.

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