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Plastic Omnium Acquires Temaco
Manufacturing News Center
April 27, 2004 -- Paris, France-- After the July 2003 acquisition
of Beauvais Diffusion, Plastic Omnium Environment today announced it
was acquiring Temaco, a subsidiary of Sita France (Groupe Suez).
A wholly owned subsidiary of Compagnie Plastic Omnium, Plastic Omnium
Environment is the leading provider of onsite waste handling services
for local communities, including the manufacture, sale, management and
maintenance of waste containers. In 2003, it generated sales of €223
million.
Based in Aix-en-Provence, Temaco is also active in onsite waste handling.
In 2003, it reported €25 million in sales and €2.6 million in operating
income, with 70 employees in its sales and service agencies throughout
France.
Through its Plastic Omnium Urban Systems, Beauvais Diffusion and Temaco
subsidiaries, Plastic Omnium Environment will now be able to offer its
customers—local communities and businesses—an expanded range of products
and services. The three companies’ positioning and strategic fit will
provide more effective responses to customer expectations in the areas
of optimized waste management and improved environmental performance.
Following a number of strategic transactions in 2003, the announced
creation of HBPO with German OEMs Hella and Behr last January 13, and
the sale of Plastic Omnium Medical on April 8, this new acquisition
reaffirms Compagnie Plastic Omnium’s commitment to focusing on its core
businesses, with the goal of strengthening their global leadership positions.
A partner to local communities and businesses in three areas:
. Waste collection, through Plastic Omnium Urban Systems, N°1 worlwide
in contract waste container collection services for local communities,
which manufactures wheeled containers, litter bins and sorted waste
collection equipment.
. Playground equipment design and installation, through Ludoparc SA.
. Recycling through Plastic Omnium Recycling.
And core businesses in:
. Automotive Components
. Performance Plastics Products- 3P
. Plastic Omnium Medical was recently
sold to Rexam Packaging UK
Learn more at www.plasticomnium.com
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