AEA Investors’ Acquisition of Spectrum Plastics Group


Paul, Weiss represented Spectrum Plastics Group, a portfolio company of Kohlberg & Company, L.L.C., in its sale to affiliates of AEA Investors.

Affiliates of AEA Investors have acquired Spectrum Plastics Group from Kohlberg & Company, LLC.

Formed via the 2017 merger of Pexco LLC and PPC Industries (including its Kelpac Medical subsidiary), Spectrum Plastics Group is a global specialty plastics manufacturer. Notably, Spectrum is a market leading medical extruder with complementary injection molding, silicone, and assembly capabilities. It also presides over the two separate brands Pexco and PPC for the industrial profile extrusion and industrial film markets, respectively. The company operates over 15 plants across five countries and three continents, comprising approximately 2,000 employees.

AEA Investors, founded in 1968, is one of the pioneers in the private equity industry and today a leading global private equity firm. AEA manages funds that have approximately $10 billion of invested and committed capital. Financial terms of the acquisition were not disclosed.

The Paul, Weiss team included corporate partners Angelo Bonvino (Picture) and Thomas de la Bastide and counsel Julie Martinelli; intellectual property partner Chuck Googe; tax partners Lindsay Parks and Brad Okun; antitrust counsel Marta Kelly; employee benefits counsel Reuven Falik; international trade counsel Richard Elliott; and environmental counsel William O’Brien.

Involved fees earner: Angelo Bonvino – Paul Weiss Rifkind Wharton & Garrison; Julie Martinelli – Paul Weiss Rifkind Wharton & Garrison; Thomas de la Bastide – Paul Weiss Rifkind Wharton & Garrison; Charles Googe – Paul Weiss Rifkind Wharton & Garrison; Lindsay Parks – Paul Weiss Rifkind Wharton & Garrison; Brad Okun – Paul Weiss Rifkind Wharton & Garrison; Marta Kelly – Paul Weiss Rifkind Wharton & Garrison; Reuven Falik – Paul Weiss Rifkind Wharton & Garrison; Richard Elliott – Paul Weiss Rifkind Wharton & Garrison; William O’Brien – Paul Weiss Rifkind Wharton & Garrison;

Law Firms: Paul Weiss Rifkind Wharton & Garrison;

Clients: Spectrum Plastics Group, Inc.;

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Author: Ambrogio Visconti