In a synergistic move, the parent firm of high-purity plastics company Beco Manufacturing acquired Teqcom Industries Inc., a maker of fluoropolymer fluid and gas-handling components in Santa Ana, Calif.
The parent, International Polymer Solutions Inc., now operates Beco and Teqcom as product brands for a broader market. It plans to consolidate operations in the 22,000-square-foot IPS headquarters in Irvine, Calif. The acquisition adds about 15 employees to IPS, bringing its total to 50.
Partners Lawrence Washburn, John Tonkinson and John Bryant agreed to sell the Teqcom assets effective Dec. 31. Each partner will continue in a consulting role. Terms were not disclosed.
“There is a considerable amount of overlap, which is what makes the deal so attractive,” said Jonathan Gibney, IPS director of marketing and sales. “We are able to streamline many facets of front-end and back-end operations.”
Laboratories, semiconductor makers and food and chemical processors use Teqcom high-purity flow-control products, mostly fabricated of polytetrafluoroethylene, for transporting ultrapure and difficult-to-handle media.
Teqcom products include fittings; tubing; solenoid, pneumatic and manual valves; spray guns for deionized water and nitrogen applications; and custom-configured components and multivalve manifolds.
IPS owners acquired Beco in September 2010.
Beco stocks about 10,000 flow-control products and fabricates plastic cabinet platforms in which customers install plumbing and other systems for chemical processing.