Mexichem has acquired Gravenhurst Plastics Ltd. (GPL), furthering the company´s global growth model with bolt on acquisitions in value-added specialty products, the company said.
GPL is a privately held plastics pipe manufacturer based in Gravenhurst, Ontario (outside Toronto) with a secondary location in Temiskaming, Ontario.
Established in 1968, GPL supplies High Density Polyethylene (HDPE) conduit and innerduct for fiber optics as well as building supply products to the Canadian market.
Mexichem will consolidate GPL under its Fluent Business Group and will upgrade GPL´S facilities. Our Fluent Business Group with high-tech Dura-Line brand provides a pathway for connectivity via a scalable design to accommodate high bandwidth demands for the ´Internet of Things.´
Mexichem is a chemical and petrochemical company. It contributes to global development by delivering an extended portfolio of products to high growth sectors such as infrastructure, housing, datacom and water cycle management.