Pexco LLC, a North American specialty plastics extruder, has acquired Altaflo LLC. Based in Sparta, NJ, Altaflo produces high-performance fluoropolymer and fluoroplastic extrusions for a wide variety of industries, including aerospace, pharmaceutical, chemical, energy, electronics and filtration.
Sam Patel, Pexco CEO, stated, “The acquisition of Altaflo significantly expands our high-performance polymer capabilities and technical expertise and brings a proprietary suite of highly sought after branded products. Pexco looks forward to growing Altaflo by broadening the spectrum of solutions available to their customers. This acquisition is an important step in our continued efforts of diversifying our capabilities and knowledge base as a diversified supplier of critical polymer products to a variety of industries.”
Altaflo Owners Chris Bishop and Mary Hyde remarked, “Pexco’s scale and expertise in custom extrusion creates an excellent opportunity for our organization and our customers, providing a robust platform for future growth. We are excited to begin this new chapter for Altaflo and look forward to continuing our mission of offering the highest quality fluid-handling products on the market”