French contract manufacturer Clayens Group has signed a definitive agreement to acquire plastics processor Parkway Products LLC, One Equity Partners (OEP) announced today. Clayens operates production facilities in Europe, North Africa, Mexico, and now in the United States, presuming closing conditions are met.. It operates eight facilities in the United States and one in Mexico. Clayen’s Crystal Lake manufacturing business includes a fully equipped 473,000-square-foot facility with cleanroom. “The purchase of the Crystal Lake facility helps achieve our strategic goal of boosting our healthcare capabilities by expanding manufacturing capacity in the United States.

Source: The North Africa Journal April 11, 2023 20:08 UTC