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 Consumer Products, Mergers & Acquisitions

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

Optical disc molder OEM getting into micromolding with acquisition of CDA

August 29, 2014 11:24 am ET

Optical disc replicator and molder Optical Experts Manufacturing Inc. of Charlotte, N.C., has expanded its core business and entered new high...    More

Polish injection molder Teknorubber up for sale

August 29, 2014 9:14 am ET

Polish plastic parts maker Teknorubber has been put up for sale following its insolvency filing in March 2014. The company is to be auctioned through ...    More

Image

Canadian mold maker Thibault adding to new operation in Mexico

August 27, 2014 3:19 pm ET

Canadian mold maker I Thibault Inc has purchased an established Mexican company, Tecnimoldes SA de CV, for a seven-figure-dollar-sum and renamed it...    More

Image

Design Stories: Young designers showing the way in adaptive design

August 27, 2014 12:12 pm ET

Amanda Bolton, then 19, decided to change her major at the University of Cincinnati from fine arts to industrial design, creating products for people ...    More

Image

Megadyne buying Belt Corp. of America

August 26, 2014 10:35 am ET

In a move aimed at building its specialty belting manufacturing and fabrication operations, Jason Industrial Inc. — Megadyne SpA's wholly owned ...    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events