Pexco: Acquisition of Exlon Extrusion

Pexco LLC announced the acquisition of Exlon Extrusion, Inc. Financial details were not disclosed. Based in Greensboro, NC, USA, Exlon is a precision extruder of plastic tubing founded in 1984 by Dennis Swink. The company offers custom and proprietary lines of nylon, polyurethane, polypropylene and polyethylene pneumatic tubing and recoil hose products, all in a variety of colours and sizes, as well as custom extrusion solutions.

Based in Atlanta, GA, USA, with multiple plants across the United States and Mexico, Pexco is a North American specialist in the design and fabrication of custom extruded and injection moulded plastics products. The company provides standard and speciality parts and components to manufacturers and end-users for a broad range of custom applications, including the specialty industrial, lighting, traffic safety, fence, filtration and electrical insulation industries.

Pexco CEO Sam Patel stated: “The acquisition of Exlon further expands our capabilities and technical expertise in the world of high-performance polymers. 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.”

Since 2009, Pexco has made multiple acquisitions and has grown into one of the largest custom industrial extrusion companies in North America. The company was acquired in 2018 by private equity group AEA Investors. The purchase of Exlon represents Pexco’s seventh acquisition under its new ownership. Patel said: “We remain committed to pursuing investments that broaden our capabilities and enable us to offer a comprehensive suite of products for a wide variety of end market applications.”