Spectrum Plastics Group: Why the merger took place

The M&A deal creating Spectrum Plastics Group is but the latest in a wave of consolidations taking place among medical device industry outsourcers. Mauricio Arellano, president of Spectrum’s medical division, thinks 2 trends are driving the consolidations: the need of OEMs to provide truly disruptive innovations to meet health providers needs for value-based care, and

PE shop Kohlberg & Co. closes Pexco buyout, rebrands as Spectrum Plastics

Private equity giant Kohlberg & Co. said this week that it closed its buyout of specialty plastics manufacturer Pexco and merged the business with its PPC Industries holding, which also includes Kelpac Medical. The PE shop said it plans to focus the new group, re-branded as Spectrum Plastics, on the medical device market. Offerings include multiple thermoplastic and silicone tubing extrusion,

Specialty plastic manufacturer Pexco acquires Scientific Plastics Corporation

Specialty plastic manufacturer Pexco said today it acquired St. Paul, Minn.-based Scientific Plastics Corporation for an undisclosed amount. Scientific Plastics Corp is a dual-certified ISO 9001 and ISO 13485 manufacturer of injection-molded plastics, with experience in using materials such as PEEK, Ultem, polysulfone, polycarbonate and others. Alpharetta, Ga.-based Pexco is a specialty plastics design and

Pexco buys Precision Extrusion

Pexco said today that it acquired Precision Extrusion for an undisclosed amount. Glens Falls, N.Y.-based Precision Extrusion makes single lumen, multilumen, and co-extrusion tubing, acetal mandrel solid rods, wire-reinforced products and angiographic and guide catheter solutions, Pexco said. Alpharetta, Ga.-based Pexco is owned by Odyssey Investment Partners. “The acquisition represents yet another step begun in 2012 in