Plast’ Avenir 87
Plast’ Avenir 87 manufactures plastic technical parts and products.
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Angel | ||
| Total Funding | 000k | ||
| EUR | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 10 % | 13 % | 17 % | 2 % | (22 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 3 % | 2 % | 3 % | 4 % | 4 % | 5 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 2 % | 1 % | 2 % | 2 % | 2 % | 3 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Plast’ Avenir 87 operates as a key French manufacturer specializing in the development and production of technical and aesthetic plastic parts for a diverse industrial client base. The company was established in February 2011 following the acquisition of Alma Industries 87 by a group of its employees, a move that showcased a determined effort to salvage and rebuild the business from a precarious financial state. Headed by CEO Christophe Barry, this employee-led buyout set the foundation for the company's subsequent growth. The firm is headquartered in Limoges, in the Nouvelle-Aquitaine region of France, where it operates from a modern 6,600 m² facility.
The company's business model is centered on providing custom plastic solutions through a vertically integrated process that spans from initial design and industrialization to manufacturing, assembly, and finishing. Plast' Avenir 87 serves major European industries, with the automotive sector accounting for a significant portion of its production, alongside clients in construction, aeronautics, electrical, and medical fields. Revenue is generated through the sale of these custom-manufactured plastic components, catering to large-scale production runs as well as medium and small series, thanks to flexible production lines. The company's technical capabilities are extensive, featuring thermoplastic injection molding, bi-material injection, and various finishing services such as painting, laser marking, chrome plating, and pad printing.
A significant milestone in the company's journey was its participation in the regional 'Usine du Futur' (Factory of the Future) program starting in 2017. This led to a €2.5 million investment over three years into organizational performance, employee skill development, and technological upgrades, which enhanced its resilience and accelerated its transformation. This strategic investment allowed the company to grow its workforce from 65 to 80 employees and maintain stable economic results even through the COVID-19 crisis. The company holds key industry certifications, including IATF 16949 for the automotive sector, ISO 9001 for quality management, and ISO 14001 for environmental management, underscoring its commitment to quality and sustainable practices.
Keywords: plastic injection molding, technical plastic parts, automotive components, custom plastic manufacturing, bi-material injection, European plastics supplier, industrial supplies, aesthetic plastic parts, thermoplastic processing, plastic part design, assembly services, pad printing, laser marking, chrome plating, French manufacturer, Limoges industry, aeronautics plastics, construction plastics, advanced manufacturing, sustainable plastics