Pexco LLC Acquires Plastic Profiles
JOHNS CREEK, GA (November 1, 2022) – Pexco LLC, a leading North American specialty plastics manufacturer, is pleased to announce the acquisition of Plastic Profiles. Based in Parsippany, NJ, and founded in 1965, Plastic Profiles is a niche stock shapes manufacturer which specializes in fluoropolymer rods, tubes and compression molded sheets. These types of products are used in a variety of markets including semiconductors, aerospace & defense, life science and industrial as well as in crucial valve, gasket and sealing applications.
Pexco CEO Sam Patel stated, “We are pleased to welcome Plastic Profiles to the Pexco family of companies. The acquisition of Plastic Profiles further expands our capabilities and technical expertise in the world of high-performance polymers. The company’s reputation as a reliable, high-quality supplier of PCTFE, FEP, PFA and ETFE product lines will add considerable value for our customers as we continue to build out our portfolio of technical capabilities utilizing higher-grade raw materials for critical applications.”
Michelle Tripucka, President of Plastic Profiles, added, “I am very proud of what we have built here at Plastic Profiles and am very happy to join the Pexco family of companies. This begins the next chapter of our company’s progression, and we are excited about the potential to benefit from Pexco’s vast resources with the hopes of better serving our loyal customer base with an expanded product range.”
Pexco was acquired in 2022 by Odyssey Investment Partners, an industrials-focused private equity firm. The purchase of Plastic Profiles represents Pexco’s third acquisition under its new ownership. Patel stated that “We remain committed to pursuing investments that broaden our capabilities and position us to offer a comprehensive suite of products for a wide variety of end market applications.”
About Pexco LLC
Based in Atlanta with multiple plants across the United States and Mexico, Pexco is a North American leader in the design and fabrication of engineered plastic components. It provides standard and specialty parts and components to manufacturers and end-users for a broad range of custom applications, including the specialty industrial, fluid-handling, lighting, traffic safety, fence, and electrical insulation industries. Pexco offers a full range of custom design, engineering, and fabrication services, including ISO 9001:2015 registration, across its manufacturing operations. For more information, visit www.pexco.com or contact (770) 777-8540.
About Plastic Profiles
Plastic Profiles is a leader in the extrusion of fluoropolymer rods and compression molded sheets. Since 1965, Plastic Profiles has been manufacturing PCTFE rod and sheet stock, and over the years, has added FEP and PFA product lines to the portfolio. Along with their chemical resistance, these plastics are known for their properties of high compression strength, mechanical strength, stiffness, and abrasion resistance. They are designed for chemical stability, electrical properties and mechanical use in low and high temperature environments.
About Odyssey Investment Partners
Odyssey Investment Partners, with offices in New York and Los Angeles, is a leading private equity investment firm with a more than 25-year history of partnering with skilled managers to transform middle-market companies into more efficient and diversified businesses with strong growth profiles. Odyssey makes majority-controlled investments in industries with a long-term positive outlook and favorable secular trends. For further information about Odyssey, please visit www.odysseyinvestment.com.
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