PolyOne to acquire specialty thermoplastic elastomer compound maker GLS Corp.

PolyOne Corp. has signed a definitive agreement to acquire GLS Corp., a provider of specialty thermoplastic elastomer compounds. GLS is a privately-held company owned by the Dehmlow family, based in McHenry, Ill., and has manufacturing facilities in Illinois and Suzhou, China. The acquisition of GLS will give Polyone access to new customers in specialized, high-growth markets such as healthcare and electronics which are additional cross-selling opportunities.
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