Univenture mulls options for UniKeep division

By Frank Antosiewicz
Correspondent

Published: March 6, 2013 12:37 pm ET
Updated: March 6, 2013 12:40 pm ET

Related to this story

Topics Mergers & Acquisitions Consumer Products
Companies & Associations

MARYSVILLE, OHIO – Univenture Inc. is hiring mergers and acquisitions firm Generational Equity to explore growth opportunities for its UniKeep LLC division, a maker of proprietary products for the consumer storage and industrial packaging markets.

"UniKeep is a fantastic product line and in my opinion it should be a $50 million business," said Ross Youngs, Univenture CEO, in a telephone interview.

Youngs said Generational Equity, a Dallas-based M&A group that provides strategic growth advisory services, will help develop a variety of options for the division's future. He said the process has started and they hope to gain ideas in the coming weeks. However, depending on the options, it could take months to reach a decision.

"Our gloves are basically off," said Youngs, noting that they would consider many scenarios.

The Unikeep division manufactures various cases, binders and related accessories. It has 39 patents issued worldwide. The company said that it had about $7 million in sales. UniKeep and Univenture are both located in the same building.

Youngs said the brand had "some great successes in the retail market," but were squeezed out in the mid-1990s when companies consolidated their vendor bases.

He said that one growth opportunity is in the company's use of digital printing and decorating, allowing for customization of products. It recently added a capability for a customer to download art for permanent digital printing on a UniKeep product.

Univenture was formed in 1988 and has been inventing and manufacturing consumer and industrial products for entertainment, publishing and other industries.


Comments

Univenture mulls options for UniKeep division

By Frank Antosiewicz
Correspondent

Published: March 6, 2013 12:37 pm ET
Updated: March 6, 2013 12:40 pm ET

Post Your Comments


Back to story


More stories

Image

McClarin doubles in size, reach with Amtech acquisition

April 1, 2015 10:57 am ET

From Washington to Pennsylvania to Alabama, the new McClarin Plastics LLC will be twice as big and provide fiber-reinforced plastic components as...    More

Image

Bloomer Plastics takes Optimum name

April 1, 2015 10:25 am ET

Optimum Plastics is the new name of two film companies that combined their businesses in October.    More

Image

Amcor buys Nampak Flexibles

March 31, 2015 3:31 pm ET

Australian packaging giant Amcor Ltd. has bought South African-based Nampak Holdings Ltd.'s Nampak Flexibles division.    More

Image

Uponor sells plastic pipe machinery business to focus on core units

March 30, 2015 2:13 pm ET

Uponor Corp., the Finland-based maker of plastic pipe systems for plumbing, underfloor heating and cooling and infrastructure, announced March 30...    More

Image

Dow Chemical to merge chlorine operations with Olin

March 27, 2015 12:43 pm ET

Dow Chemical Co. is combining a large part of its chlorine value chain with specialty chemicals and ammunition maker Olin Corp. to create a global mat...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events