Pexco LLC, a leading North American specialty plastics extruder, is pleased to announce the acquisition of Exlon Extrusion, Inc. Based in Greensboro, NC, Exlon is a precision extruder of plastic tubing founded in 1984 by Dennis Swink. The company specializes in high-performance polymer (“HPP”) products and offers custom and proprietary lines of polyamide, polyurethane, polypropylene and polyethylene pneumatic tubing and recoil hose products, all in a variety of colors and sizes, as well as custom extrusion solutions.
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 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 Exlon Extrusion, Inc. represents Pexco’s seventh acquisition under its new ownership. Patel stated that “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.”
