Specialty plastics extruder Pexco acquires Custom Extrusion Inc. | plasticstoday.com

2021-12-27 21:17:19 By : Ms. kity yang

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Specialty plastics extruder Pexco LLC (Alpharetta, GA) announced on Aug. 14 the acquisition of Custom Extrusion Inc. (CEI), a profile extruder with facilities in Sheffield, MA, and Asheboro, NC.

CEI was founded in Massachusetts in 1957 and experienced some of its earliest success in the engineering and development of lighting profiles, according to a press release distributed by Pexco. In 1993, the company expanded to North Carolina to meet the growing needs of its customer base. Since that time, the company has expanded into a variety of specialty industrial market segments.

“We are delighted to welcome Custom Extrusion Inc. to the Pexco family,” said Pexco CEO Sam Patel, adding that “CEI brings a wealth of expertise in lighting and custom industrial extrusions.”

Since 2009, Pexco has made multiple acquisitions, growing into the largest custom industrial extrusion company in North America.

Pexco was acquired earlier this year by private equity group AEA Investors, and CEI is its first acquisition under the new ownership. “We look forward to the continued pursuit of acquisitions that fit our core objectives, enabling us to enhance our suite of capabilities and expand our geographic footprint as the largest custom extruder in North America,” said Patel.

Pexco operates multiple plants across the United States and Mexico, providing standard and specialty parts and components to manufacturers and end-users for custom applications in the specialty industrial, lighting, traffic safety, fence and filtration industries. All of its plants are certified to ISO 9001:2015 and ISO 14001.

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