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Article | April 30, 2002
Sidel 'refocuses' on core businesses
NEWS FROM INTERPACK 2002: Gérard Stricher, CEO of Sidel (Le Havre Cedex, France) announced a newly reorganized company that will concentrate its energies in three specific product areas for its customers worldwide.
Under its "Shaping your world" slogan the company's products from Sidel Gebo Rafale Alsim Rémy Héma and Girondine will be unified under the Sidel name. Calling 2001's ?45 million loss an "accident" Stricher also said the "uncertainty" regarding Sidel's acquisition by Tetra Pak "paralyzed all strategic decision making for many months." Tetra Pak made a ?1.7 billion offer to buy Sidel in March 2001; the European Commission ruled against the merger last October. Stricher joined Sidel in mid-November after six years with Tetra Pak and eight at Carnaud Metal Box. In an exclusive interview with Packaging World Stricher detailed how the "new" Sidel will refocus its energies to package liquid foods. The three product lines will include Blowing and Coating headed by Paul Holderith in Le Havre France; Filling Systems managed by Olivia Simonazzi from Parma Italy; and Packaging Systems directed by Marcel Krauth in Strasbourg France. North American sales efforts for all three product lines will be directed from Atlanta GA and headed by Thierry Parages North American senior vice president Stricher told PW. The focus there—and throughout the world—will be on complete packaging lines and on turnkey installations.In North America the company will shift conveyor operations to Montreal Canada while Sarasota FL operations will continue to produce cap feeders software such as the Efficiency Improvement Tool (EIT) and handle line integration. In just five months the new CEO has created a new management team that comprises four Sidel managers combined with four recruited from outside the company. Stricher said the company has a five-year plan to return Sidel to the "success story" of the past and he predicted that 2002 would be "a preparatory but profitable year" for the company. Original markets targeted for growth will be North Asia China and Russia. Although the European Commission ruled against the Sidel–Tetra Pak merger last October Tetra Pak filed an appeal that has been awarded "fast-track" status Stricher told PW. "A new decision on the appeal could be taken as early as July" he said.
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