Pexco LLC is pleased to announce the acquisition of HPE Extrusion Solutions (HPE), based in Bally, Pennsylvania.
Founded in 1972 as Hunsinger Plastic Extrusions, HPE began as a niche custom manufacturer of extruded plastic profile products. In the ensuing decades, HPE gained vast experience in the extrusion of increasingly complex profiles of all shapes and sizes using an impressive variety of both advanced and traditional resins. Known for their reputation in delivering uncompromising quality and service, HPE has a long history of manufacturing exceptional parts for a wide array of customers, including many Fortune 500 firms. HPE solutions benefit multiple industrial markets, including HVAC, automotive, and utility clients.
Pexco CEO Sam Patel stated, "We are delighted to welcome HPE and their nearly five decades of extrusion excellence to the Pexco organization. HPE's competencies blend very well with Pexco's long-term strategy to continually enhance our capabilities as a premier custom extruder through ongoing product and process innovation, enabling us to deliver even greater value to our customers."
Since 2009, Pexco has executed on multiple acquisitions as it has grown into the largest custom industrial extrusion company in North America.
Pexco was acquired in 2018 by AEA Investors, the global private equity group. The purchase of HPE represents Pexco's fifth acquisition under its new ownership. Patel stated that "We remain committed to the ongoing pursuit of acquisitions that fit our core objectives and expand our suite of capabilities as the largest custom plastics solutions provider in North America."
In addition to this week's acquisition news, Pexco recently relocated their corporate headquarters office from Alpharetta to the rapidly growing Johns Creek area of Georgia, north of Metro Atlanta.
