PolyOne to Acquire TPE Custom Solutions Provider GLS Corporation
Transaction will advance specialization strategy, open new market opportunities
GLS, a privately-held company owned by the Dehmlow family, is headquartered in McHenry, Illinois. The company, which serves more than 1,200 customers worldwide, has achieved double-digit revenue growth in each of the last 10 years and is well positioned to capitalize on escalating demand for soft-touch products. With approximately 200 employees, GLS supports its customers with manufacturing facilities in Illinois and Suzhou, China. In 2006, GLS became the first specialty TPE compounder to begin production in China.
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