Odyssey to sell Pexco to Kohlberg
Kohlberg & Company LLC has agreed to acquire Pexco, a North American specialty plastics manufacturer. The seller is Odyssey Investment Partners LLC. No financial terms were disclosed. When the deal closes, Pexco will merge with Kolhberg portfolio company PPC Industries, which also comprises Kelpac Medical. Latham & Watkins advised Pexco and Odyssey on the transaction.
Kohlberg & Company, L.L.C. (“Kohlberg”), a leading private equity firm specializing in middle-marke...