Pexco LLC Acquires Performance Elastomers Corporation

December 1, 2021

Pexco LLC, a PE-backed North American specialty plastics extruder, acquired Performance Elastomers Corporation (PEC), a Ravenna, Ohio-based manufacturer of rubber, silicone and thermoplastic elastomer (TPE) products. The deal — announced December 1, 2021 — expands Pexco's silicone and TPE capabilities and broadens its end-market exposure in mobility, RV, marine and heavy equipment aftermarket segments; PEC owners Art Bowen and Dave Spears sold the business.

Buyers
Pexco LLC, AEA Investors LP
Targets
Performance Elastomers Corporation
Sellers
Art Bowen, Dave Spears
Platforms
Pexco LLC
Industry
Manufacturing
Location
Ohio, United States
Transaction Type
Addon

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