Plaskolite To Acquire Vycom And Expand Thermoplastic Manufacturing Capabilities
Plaskolite announced that it has signed an agreement to acquire Vycom, a subsidiary of The AZEK Company. With this acquisition, Plaskolite will expand into attractive new substrates and provide a broader product bundle to a complementary customer base.
Based in Scranton, PA, Vycom manufactures highly engineered Olefin and PVC thermoplastic sheets for
the semiconductor, outdoor living, playground, marine, industrial and graphics markets. Vycom’s Olefin
and PVC products are specified by customers nationwide for their high quality and performance in fire
and chemical resistance.
John Szlag, Co-President at Plaskolite, said, “We are excited to welcome Vycom into the Plaskolite
family. They complement our employee-first culture and focus on strong customer relationships, safety and sustainability. Furthermore, Vycom recycles and reuses 99% of its scrap, which will expand Plaskolite’s involvement in sustainability and recycling.”
Kevin Duffy, VP and General Manager at Vycom, added, “Joining Plaskolite, a company that shares our
commitments to employees, strong customer relationships, and exceptional quality, is great for Vycom’s
team and our customers. We are eager to deliver even more value to the market by providing new
complementary solutions to a growing customer base.”
Thomas Chadwick, Principal – Manufactured Products at Pritzker Private Capital, said, “Plaskolite’s
acquisition of Vycom demonstrates its continued focus to best serve its customers by broadening its
substrate offering and expanding its presence into other market segments. We are thrilled for the
Plaskolite team and welcome the Vycom team to the Plaskolite and PPC families.”
The proposed transaction is expected to close November 1, 2023.
The preceding press release was provided by a company unaffiliated with Wide-format Impressions. The views expressed within do not directly reflect the thoughts or opinions of Wide-format Impressions.