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01 En 2016 - 11:32:58

Achieving Growth Goals With Acquisitions Otc

Among the benefits or detriments of sitting due to a trade analyst is the obliteration of your respective thinking process, as one meanders through the technology 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 if only because it would add over 260 stock Items to Useon's Bottle and Plastic Product Conceptions Offerings, and Expands its Family pet PVC Molding Functions Greatly.

Neither ongoing company will confirm nor deny anything - did you expect anything else ? However the industry and trades aren't deterred. They're scuttle butting all over the place. There is no top secret that global innovator Useon Industries Ltd, most widely known because of 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. Given that 60% of its product offerings are packaged in plastics of varied ilk it really is no think about that Useon can be demonstrating a pastime - which as I stated it will not deny, in obtaining a producer of PET PVC product packaging. Ney is an ideal fit as a manufacturer and decorator of plastic bottles and containers mainly for the personal care, auto attention, housewares, and food markets. It is also a blow molder of high-density polyethylene and polyethylene terepthalate jars and bottles for the personal care, pharmaceutical, nutritional dietary supplement, and niche food and beverage markets. And finally it really is mostly of the remaining manufacturers of Polyvinyl Chloride PVC, product vital that you Useon's more aggressive chemical substance formulations. In addition, Ney's Technigraph decorating division extrusion system gives environmentally-friendly container decorating products and services.

Manuel Garcia, communications officer at a recently available press meeting appointed after spectacular effects for YE 2011 just, to discuss 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 the two companies. I will say nevertheless that Ney is certainly a well-run privately possessed company with attractive product lines in household chemical compounds and food packaging which would perfectly complement Useon's product conceptions and admittedly offer a amount of important synergies.”

Come on - they must come to be kidding! This acquisition would be an important first rung on the ladder to developing home based business in key sectors which are crucial 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 innovative opportunities for Useon's global distribution network. Ney's product lines greatly expand the quantity of products FLKI's distributors may take to the market. Garcia when pressed, added : “The chance for cross-selling stock products into both companies' existing customers would successfully provide some immediate sales opportunities and also help Useon maneuver toward its long-term progress objectives.”

Ney, who is a Useon group distributor, has established a reputation in the industry for being a nimble, reliable and flexible supplier of Family pet, and HDPE packaging, and also manufactures some polypropylene and PVC items. Ney utilizes fundamental blow molding technologies, including Extrusion Blow Molding, Injection Blow Molding, Single Stage Injection Stretch Blow Two-Stage and Molding Stretch Blow Molding. The company as well manufactures preforms on point out of the art injection molding equipment to support its RHB procedure or to sell preforms right to customers. Ney's 2-stage PET functions will get complementary to Useon's new investments in 2-stage blow molding.
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