Pexco LLC buys Performance Plastics Ltd.
16 September 2022
Pexco LLC, a North American manufacturer of specialty plastics, is pleased to announce the acquisition of Performance Plastics Ltd. Located in Cincinnati, Ohio and founded in 1982, Performance Plastics is a molding company precision injection molding specializing in high performance, tight tolerance components for the most demanding applications within various industries including aerospace, defense, medical and life sciences, and precision manufacturing.
In this regard, Pexco CEO Sam Patel said, "We are delighted to welcome Performance Plastics to the Pexco family of companies. Performance Plastics has an excellent reputation in the marketplace and is recognized as a leader in the production of geometrically complex, tight-tolerance thermoplastic parts There are few manufacturers that can help customers meet these standards, so Performance Plastics' knowledge and experience of high-performance polymers are very powerful factors in helping customers meet these standards. to stand out from the competition.
Chris Lawson, COO of Performance Plastics, added: "We are delighted to bring our expertise to the Pexco family. Our focus on engineering quality and our unwavering work ethic fit very well with the culture and we are looking forward to collaborating with the experts in fluoropolymers and other high-performance polymers under the Pexco umbrella."
About Pexco LLC
Headquartered in Atlanta with multiple plants in North America, Pexco is a leader in the design and manufacture of engineering plastic components. It supplies standard and specialty parts and components to manufacturers and end users for a wide range of custom applications, including specialty industry sectors, fluid handling, lighting, traffic safety, fencing and electrical insulation. Pexco offers a full range of design, engineering and custom manufacturing services, including ISO 9001:2015 registration, across all of its manufacturing operations. For more information, visit www.pexco.com or call (770) 777-8540.
About Performance Plastics
Performance Plastics is a custom injection molder of high performance polymer parts. Headquartered in Cincinnati, Ohio and founded in 1982, Performance Plastics specializes in tight tolerance thermoplastic components for demanding applications. The company is known for its expertise in fluoropolymers, Torlon, PEEK, and Ultem, its proprietary manufacturing processes, and its exceptional engineering support.
About Odyssey Investment Partners
Odyssey Investment Partners, with offices in New York and Los Angeles, is a leading private equity investment firm with more than 25 years of experience partnering with qualified managers to transform middle-market companies into more efficient and diversified businesses. with solid growth profiles. Odyssey makes majority-controlled investments in sectors with positive long-term prospects and favorable secular trends. For more information about Odyssey, visit www.odysseyinvestment.com .
The original source language text of this release is the official authorized version. Translations are provided as adaptation only and must be checked against the source language text, which is the only version of the text that will have legal effect.
Business Development and M&A