Pexco LLC Acquires Insultab, Inc.

Staff Report From Metro Atlanta CEO

Monday, December 3rd, 2018

Pexco LLC, a leading North American specialty plastics extruder, is pleased to announce the acquisition of Insultab, Inc., a manufacturer of heat shrinkable and non-shrink tubing products based in Woburn, Massachusetts.

Insultab’s operations commenced in 1953 with hot stamping identification of heat shrinkable markers for harness assemblies. By 1964, full scale manufacturing was underway as Insultab began extruding tubing and expanding heat shrinkable tubing products. After acquisition by Alpha Wire Corporation in the mid-1990s, Insultab began operating as an independent company in 1997.

Pexco CEO Sam Patel remarks, “Insultab, Inc. is a tremendous addition to our organization. Their wealth of expertise in the realm of heat shrinkable tubing capabilities represents a new direction for Pexco, deepening our ability to offer advanced solutions to customers in new markets. Insultab is known throughout the industry for their outstanding service, superior products, and strong commitment to quality and consistency, making them an excellent fit for our growing business. Pexco will continue to build on Insultab’s exceptional reputation with a broader slate of products to better serve their customers.”

At Insultab’s 50,000 square foot facility in Woburn, its operations include multiple extrusion lines and custom-designed expanders, along with a variety of downstream value-added services.

The purchase of Insultab, Inc. represents Pexco’s second acquisition under its new ownership, having acquired Custom Extrusion, Inc. in August 2018. Pexco was acquired earlier this year by AEA Investors, the global private equity group. Patel went on to share: “We look forward to the continued pursuit of acquisitions that fit our core objectives, enabling us to enhance our suite of capabilities and expand our geographic footprint as the largest custom extruder in North America.”