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

ZF finalizes deal to buy TRW, creating another global auto supply giant

September 15, 2014 1:09 pm ET

TRW Automotive Holdings, in a supply chain megadeal that has been in the works since mid-July, said Sept. 15 it has agreed to be acquired by German...    More

Image

Germany's Lehmann & Voss buys U.S.-based Performance Compounding

September 12, 2014 11:36 am ET

German compounding firm Lehmann & Voss & Co. KG has acquired Performance Compounding LLC for an undisclosed price.    More

Image

ATS goes global with acquisition of M+W Process Automation

September 10, 2014 2:49 pm ET

ATS Automation Tooling Systems Inc., a maker of factory automation systems in Cambridge, Ontario, has agreed to buy a German company M+W Process...    More

Image

DS Smith adds to footprint with Croatian injection molding acquisition

September 10, 2014 2:05 pm ET

DS Smith plc, the London-headquartered packaging giant, has announced the acquisition of Kaplast dd, a Croatian injection molding company.    More

Image

Par-Pak Europe buys Holfeld Plastics

September 10, 2014 1:58 pm ET

Holfeld Plastics Ltd., the Ireland-based packaging manufacturer, has been bought by Par-Pak Europe (PPE) for an undisclosed sum.    More

Market Reports

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

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

Upcoming Plastics News Events

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

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

More Events