Specialty plastics extruder Pexco has acquired Exlon Extrusion. Exlon specialises in high-performance polymer products, including polyurethane pneumatic tubing and recoil hose products.
‘The acquisition of Exlon further expands our capabilities and technical expertise in the world of high-performance polymers,’ said Pexco’s CEO, Sam Patel. ‘The addition of Exlon’s personnel, equipment and relationships will provide valuable resources as we continue to demonstrate our proficiency with products that require higher-grade raw materials for niche applications.’
Pexco claims to be the largest custom industrial extrusion company in North America, built on multiple acquisitions over the past decade. It was acquired by private equity group AEA investors in 2018, and this is its seventh acquisition under its new ownership.