2023-04-16 22:34:34
Clean room production at the Plastibell subsidiary in Izernore, France. Clayens had acquired the company from faltering packaging maker PSB Industries in 2021 (Photo: Clayens NP)
For an undisclosed price, the French injection molding and composites company Clayens NP (Genas / France) is acquiring its US competitor Parkway Products (Greenville, South Carolina / USA) with nine production facilities and a 44,000 m² pharmaceutical and medical technology plant. Giant Cardinal Health (Dublin, Ohio / USA) in Crystal Lake, Illinois.
It is the first big step across the pond following the takeover by investor One Equity Partners last year. So far, Clayens has only operated a sales office near New York in the USA. The transaction, which still has to go through various approval processes, would bring Clayens sales to around EUR 600 million. The company alone has so far weighed in at EUR 395 million, with 24 plants primarily in Europe, North Africa and Mexico and a total of 3,400 employees.
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