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doylefdjdb951   , 26

from Dallas Bank of America


Achieving Growth Goals With Acquisitions Otc

One of the benefits or detriments of sitting seeing that a trade analyst is the obliteration of one's thinking process, as one meanders through the era of prolific trade sector rumors. To wit and recently; the rumored buy of Ney Plastics by Useon Sectors. I 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 Expands its PET PVC Molding Features Greatly.

Neither ongoing company will confirm nor deny anything - did you expect anything else? However the trades and industry are not deterred. They're scuttle butting everywhere. There is no top secret that global leader Useon Industries Ltd, most widely known for its Clean Plus product conceptions and trading under symbol FLKI, is acquisition hungry for small complementary manufacturers. Actually it disclosed as many in a recent press release. Considering that 60% of its product offerings are packaged in plastics of varied ilk it really is no sheet extrusion think about that Useon is undoubtedly demonstrating an interest - which as I stated you won't deny, in obtaining a producer of PET PVC packaging. Ney is an ideal fit as a manufacturer and decorator of plastic bottles and containers generally for the personal care, auto attention, housewares, and grocery stores. It is also 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 mostly of the remaining manufacturers of Polyvinyl Chloride PVC, product vital that you Useon's more aggressive chemical substance formulations. Furthermore, 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 effects for YE 2011, to discuss 2012 opportunities and goals stated : “I can neither confirm nor deny the rumors, but will say that as of this moment, no expression of intend features been exchanged between your two companies. I'll say on the other hand that Ney is without question a well-run privately owned company with attractive product lines in household chemical substances and food packaging which would perfectly complement Useon's product conceptions and admittedly offer a number of important synergies.”

Come on - they have to end up being kidding! This acquisition will be an important first rung on the ladder to developing new business in key sectors which are critical to FLKI's stated growth plan. Useon's announced development strategy is to are the acquisition of good companies whose product lines and customer contacts open fresh options for Useon's global distribution network. Ney's product lines significantly expand the amount 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 successfully provide some immediate revenue opportunities and also help Useon approach toward its long-term progress objectives.”

Ney, who's a Useon group provider, has established a status in the industry for being a nimble, flexible and reliable supplier of Family pet, and HDPE packaging, and also manufactures some polypropylene and PVC items. Ney utilizes simple blow molding technologies, including Extrusion Blow Molding, Injection Blow Molding, Single Stage Injection Stretch Blow Molding and Two-Stage Stretch out Blow Molding. The company likewise manufactures preforms on talk about of the artwork injection molding equipment to aid its RHB operation or even to sell preforms right to customers. Ney's 2-stage PET procedures will end up being complementary to Useon's new investments in 2-stage blow molding.