Aurora Plastics LLC acquired S&E Specialty Polymers, a move the company hopes will help it expand its PVC business, Aurora announced Wednesday.
S&E is a compounding company owned by Steven Grubman Graham, chief executive officer and founder of Toner Plastics Group. Graham will leave the firm with this acquisition to pursue other business opportunities. S&E’s other 65 employees will stay with the merged company.
“Aurora is a great company and was an outstanding choice to build on S&E’s legacy of providing top-tier innovation, strong customer service, and leading product quality,” Graham said in a statement. “Partnering with Aurora further accelerates S&E’s growth. These are exciting times.”
The acquisition will bring S&E’s offerings of rigid PVC powders; rigid and flexible PVC pellets; clear, opaque, and colored flexible PVC; rigid cellular PVC; PVC/acrylic pellets; chlorinated polyethylene; custom thermoplastic polyolefin; low-smoke, zero halogen compounds; styrene-butadiene-styrene and styrene-ethylene/butylene-styrene block co-polymers; plastic concentrates; and purge compounds, the companies said.
The full terms of the acquisition were not disclosed Wednesday.
S&E, based in Lunenburg, Mass., is the second acquisition for Aurora this year. Back in June, the Streetsboro, Ohio-based compounding company bought Reinier Plastics Inc. of Marieville, Quebec.
“S&E has a strong focus on customer service and response,” said Darrell Hughes, chief executive officer of Aurora in a statement. “Aurora and S&E share a common focus on being our customers’ first choice in polymer compounds.”