PolyOne Corp completes previously announced acquisition of GLS Corp.

03-Jan-08
PolyOne Corporation has completed the previously announced acquisition of GLS Corporation, the leading North American provider of specialty thermoplastic elastomer compounds (TPEs) for consumer and medical applications. The acquisition complements PolyOne's global Engineered Materials business portfolio and accelerates the company's shift to specialization. The combination of GLS's specialty TPE technology, compounding expertise and brand, along with PolyOne's extensive global infrastructure and commercial presence offers customers enhanced technologies; a broader range of products, services and solutions; and expanded access to specialized, high-growth markets around the globe. The experienced GLS senior management team will remain and lead the global TPE business unit, retaining the GLS name and brand. GLS has manufacturing facilities in Illinois and Suzhou, China.
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