Spectrum Plastics Group Acquires Apex Resource Technologies

Medical Plastics Leader Enhances Specialty Products Portfolio &
Design Engineering Through Acquisition

ALPHARETTA, Ga.–(BUSINESS WIRE)–#injectionmolding–Spectrum Plastics Group, a market leading medical extruder with
complementary injection molding, silicone, and assembly capabilities,
today announces that it has acquired Apex Resource Technologies, Inc.
Apex is a full-service design engineering, tooling, and injection
molding operation focused on high performance, specialty plastics for
the medical device industry. The company employs over 60 people and
operates out of a 45,000 square foot facility in Pittsfield,
Massachusetts.

Neil Shillingford, Spectrum Plastics CEO, remarks, "Apex has all the
elements we are looking for as we evolve our business to the next level.
Great customer relationships, strong engineering and design
capabilities, a focus on performance plastics suitable to invasive
medical applications, and a solid operating culture that fits our core
values.”

Don Rochelo, founder and President of Apex Resource Technologies,
remarks, “This is a great day for Apex and we are pleased to be aligned
with Spectrum Plastics. The two companies complement one another very
well, and we are thrilled to have found such a partner to carry Apex
forward in the years to come.”

Spectrum Plastics Group itself was recently acquired by AEA Investors,
the global private equity group. This event marks its first acquisition
under AEA. Shillingford comments, “We plan to continue pursuing
acquisitions that fit our core objectives, to provide specialty plastic
solutions on behalf of the medical device industry and our customers.”

About Spectrum Plastics Group

Based in Alpharetta, Georgia with multiple plants across the United
States, Mexico, Costa Rica, Ireland, and Malaysia, Spectrum Plastics
Group is a North American leader in the design and fabrication of custom
and specialty plastics products focusing on niche, high value-added end
markets, including medical, food, and industrial applications. Spectrum
offers a full range of custom design, engineering and fabrication
services, as well as meet the requirements of ISO 9001, ISO 13485, and
operates multiple Class 7 & Class 8 clean rooms. For more information,
visit www.spgindustries.com,
www.spectrumplastics.com
or contact 404-564-8560.

About AEA Investors LP

AEA Investors LP was founded in 1968 by the Rockefeller, Mellon, and
Harriman family interests and S.G. Warburg & Co. as a private investment
vehicle for a select group of industrial family offices with substantial
assets. AEA’s active individual investors (the “Participants”) include
an extraordinary network of more than 75 of the world’s leading
industrial families, business executives and former government leaders.
Today, AEA’s approximately 70 investment professionals operate globally
with offices in New York, Connecticut, London, Munich and Shanghai. The
firm manages funds that have approximately $10.0 billion of invested and
committed capital including the leveraged buyouts of middle market
companies and small business companies and mezzanine and senior debt
investments.

Contacts

Spectrum Plastics Group Communications
Priya Puri, 404-564-8560