On August 14, Pexco LLC, the leading specialty plastic extruder in North America, is pleased to announce the acquisition of Custom Extrusion Inc. (CEI). Through the acquisition, Pexco will expand its product portfolio.
Headquartered in Atlanta, Pexco has a number of facilities in the US and Mexico and is a North American leader in the design and manufacture of custom extruded plastic products. It provides manufacturers and end users with standard and special parts and components for a wide range of custom applications. Including specialty industries, lighting, traffic safety, fence and filtration industries. Pexco offers a full range of custom design, engineering and manufacturing services.
Pexco CEO Sam Patel commented, 'We are pleased to welcome Custom Extrusion Inc. to the Pexco family. CEI has extensive expertise in lighting and custom industrial extrusion, with superior service and leading solution providers Known for its long history, it fits perfectly with Pexco culture. '
Richard L. Stover, President of Custom Extrusion Inc., said: 'We are very pleased to be able to merge our business with Pexco. As a preferred integrator in the plastics extrusion industry, they decided to work with them to provide a reasonable choice for future strategic growth.'
Custom Extrusion Inc. was established in Massachusetts in 1957 and has achieved some of the earliest success in engineering development of lighting profiles. In 1993, the company expanded to North Carolina to meet the growing needs of its customer base. Since then, the company has expanded into a variety of specialized industrial segments. Today, Custom Extrusion Inc. has two plants specializing in various engineering materials. Today, CEI is available to customers in 30 states and four countries. service.
Since 2009, Pexco has made several acquisitions and has grown 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 the first acquisition of its new acquisition. 'We look forward to continuing to pursue acquisitions that meet our core objectives, enabling us to enhance our capabilities suite and expand our The geographic footprint of North America's largest custom extruder, ' Patel said.