Clayens NP strengthens its North American presence
Clayens NP strengthens its North American footprint with the acquisition of Plasco, a company specializing in the processing
of technical polymers
Le 7 mars 2022
The Clayens Group has completed the acquisition of Plasco ($12m revenue), a Mexican company specializing in processing thermoset polymers for the electrical, rail, and construction sectors.
Founded in 1981 in Mexico City and owned by Jose Octavio Lopes, Plasco specializes in processing thermoset materials by compression and injection. Building on its longstanding expertise, the growing company, with revenue exceeding USD 12 million, has built a loyal, diversified customer base that includes many of the electrical industry's largest OEMs. Plasco has been a preferred partner of Clayens NP for several years.
Driven by strong momentum, Clayens NP is among the leading European players in advanced polymer processing, composites, and precision metal parts. The Group masters most materials and associated transformation processes and is positioned on many growth markets such as electrification, energy transition, healthcare, and mobility.
Backed by Siparex since 2019, Clayens NP has grown strongly and expects revenue of €380m for the current fiscal year, compared with €273m in 2019.
This strategic acquisition enables Clayens NP to complete its North American industrial footprint, which now covers most technologies associated with processing thermoplastic and thermoset polymers. Plasco shareholder Jose Octavio Lopez retains a significant stake in the capital. He intends to rely on Clayens NP's networks to accelerate development at this site.
In parallel with this transaction, Clayens NP recently inaugurated a new industrial site in Mexico, near its Torreon plant, to support strong volume growth in this region, particularly in the Electrical and Healthcare sectors. With these structural changes, the Group now has a complete industrial footprint in Mexico to best serve its customers.
For Eric Pisani, CEO of Clayens NP: "We are delighted to welcome Plasco teams, led by Miriam Ramirez, into the Clayens group. Their professionalism and expertise, particularly in compression processing of thermoset materials, will enable us to respond quickly to our customers' growing needs in the region."
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A propos du groupe Clayens NP : www.Clayens-np.com
A propos de Siparex
Siparex Group, an independent French private equity specialist, manages €3 billion in assets under management. With strong organic growth and significant acquisitions, Siparex supports company development and transformation. From startups to mid-sized companies, it finances and supports major entrepreneurial ventures through its business lines: Innovation under the XAnge brand, Energy Transition (TiLT), Entrepreneurs, Redeployment, Mezzanine, Midcap, and ETI.
The Group benefits from a strong local presence, with 6 offices in France (Paris, Lyon, Nantes, Lille, Strasbourg, and Toulouse), 3 locations in Europe (Milan, Munich, and Brussels), and partnerships in Africa and North America. For more information: www.siparex.com
Press contact Siparex: Priscille Clement – p.clement@Siparex.com - 06 14 80 75 22 - 01 53 93 04 27