ILC Dover buys flexible film manufacturer Grayling Industries

Published: February 20, 2013 12:37 pm ET
Updated: February 20, 2013 12:41 pm ET

FREDERICA, DEL. -- ILC Dover LP, a designer and manufacturer of engineered fabric and film products, has acquired Grayling Industries Inc., a producer of specialized flexible film products for industrial packaging and environmental safety applications.

Grayling, based in Atlanta, sells intermediate bulk containers and a variety of liners for containers and drums. The company also manufactures products for asbestos abatement, including polyethylene disposable bags, glove bags, enclosures for disposable decontamination showers, spray adhesive and adhesive removing chemicals.

The company operates a 60,000-square-foot manufacturing facility in Juarez, Mexico, with more than 40 specialized heat-sealing machines and more than 200 employees. The company has warehouses in Atlanta, El Paso, Texas, and Nijmegen, Holland.

ILC makes products for government and industrial markets, including space suits for NASA, structures for airships and other lighter-than-air vehicles, personal protection equipment, inflatables and containment products.

ILC, based in Frederica, Del., operates out of six buildings – a total of 260,000 square feet of office space.

The acquisition will "strengthen ILC's market-leading position in the global pharmaceutical powder containment market [and allow] Grayling to develop new and exciting solutions for its industrial packaging and asbestos abatement customers," according to a news release.

ILC Dover is a portfolio company of Behrman Capital, a private equity firm based in New York and San Francisco. Grayling will operate as a wholly owned subsidy of ILC.

Chicago-based Blaige & Co. was an exclusive adviser to Grayling.


Comments

ILC Dover buys flexible film manufacturer Grayling Industries

Published: February 20, 2013 12:37 pm ET
Updated: February 20, 2013 12:41 pm ET

Post Your Comments


Back to story

Market Reports

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our industry analysis highlights macro industry trends and micro trends faced by companies that do business in Mexico. The report also provides key industry statistics and forecasts to anticipate future industry expansion.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events