HEXPOL acquires Kirkhill Rubber, a well-known U.S. Rubber Compounder
September 14, 2018
HEXPOL recently announced the acquisition of the business of Kirkhill Rubber from the founder Mr. Edward Reker, his family and co-owners. Kirkhill is an industry leader with experience in aerospace, automotive, medical and other demanding industry segments. Most recently with expansion into silicone and perfluoroelastomer compounds. Kirkhill Rubber has an annual sales of about 46 MUSD. Kirkhill Rubber brings extensive knowledge in highly engineered elastomers and with their wide range of equipment –specialty equipment, and complete laboratory testing facilities; this further enhances HEXPOL’s goal to be the very best compounder. The acquired business has an EBITDA margin below the HEXPOL Group and is expected to have a positive impact on earnings per share.
HEXPOL is a world-leading polymers group with strong global market positions in advanced polymer compounds, gaskets for plate heat exchangers and wheels made of plastic and rubber materials for forklifts and castor wheel applications.
The Benesch team included Megan L. Mehalko, Corey R. Sparks, Cheryl Donahue, Kevin Margolis, Brian Vavra and Jackie Staple.