Pexco LLC, a North American specialty plastics manufacturer, announces 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.