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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