Pexco Plastics Extruder Acquires Tubing Manufacturer Insultab.
M2 EQUITYBITES-December 3, 2018-Pexco Plastics Extruder Acquires Tubing Manufacturer Insultab
(C)2018 M2 COMMUNICATIONS http://www.m2.com
3 December 2018 - Georgia, US-based plastics extrusion company Pexco LLC has acquired Massachusetts, US-based Insultab, Inc., a manufacturer of heat shrinkable and non-shrink tubing products, the company said.
Terms of the transaction were not disclosed.
Pexco said Insultab, Inc.'s expertise in the realm of heat shrinkable tubing capabilities represents a new direction for Pexco, deepening the company's ability to offer advanced solutions to customers in new markets.
The purchase of Insultab, Inc. represents Pexco's second acquisition under its new ownership, having acquired Custom Extrusion, Inc. in August 2018. Pexco was acquired earlier this year by AEA Investors, the global private equity group.
Pexco is a leader in the design and fabrication of custom extruded plastics products. It provides standard and speciality parts and components to manufacturers and end-users for a range of custom applications, including the speciality industrial, lighting, traffic safety, fence and filtration industries.
Insultab, Inc. has over 50 years of manufacturing experience in providing flexible tubing products, including the Insultab and VinylGuard brands, to a range of industrial and commercial market segments, including but not limited to electrical, mechanical, structural, recreational, and automotive.
((Comments on this story may be sent to email@example.com))
|Printer friendly Cite/link Email Feedback|
|Publication:||M2 EquityBites (EQB)|
|Date:||Dec 3, 2018|
|Previous Article:||Callaway Golf to Acquire German Outdoor Wear, Equipment Maker Jack Wolfskin for EUR 418m.|
|Next Article:||Ameresco Expands Energy Assets Pipeline with Acquisition of TerraNavigator.|