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.
100% of CGL Thermoformage and a 55% stake in Ceica (Texen) are acquired.
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.