Mar-Lee, an American company (Fitchburg, Massachusetts) specialized in plastic injection molding for the personal care and healthcare industries, is acquired.
100% of Baikowski’s capital stock is acquired (Rhodia’s 34% stake purchased).
Nominal share capital is split five for one.
Packaging (beauty and custom packaging) and specialty chemicals are strengthened through targeted acquisitions.
Jean-Baptiste Bosson is appointed Chairman of Pierre Synthétique Baikowski, subsequently renamed PSB Industries. The group refocuses on its niche markets, implementing an active organic growth and acquisition policy.
The Entremont family and Provendis acquire the majority share of the company's stock and begin a policy of acquiring companies in new business segments.
Initial public offering.
The Annecy plant is built.
The Baikowski family founds the Pierre Synthétique Baikowski company in Paris. Ultra-pure alumina powder is used to make synthetic stones for the watch and jewelry industries.