ILC Dover Acquires Grayling Industries

FREDERICA, Del. — January 8, 2013 — ILC Dover, designer and manufacturer of space suits for NASA
and a wide range of government and industrial engineered fabric and film products, announced today
it has acquired Grayling Industries, a leading producer of advanced industrial packaging products
and environmental safety products.  As the maker of Guardian™ protective packaging for food,
chemical, and pharmaceutical dry powder and liquid applications, Grayling works with its industrial
clients to deliver custom fit liners and other solutions to enhance transportation and processing
efficiency.   It also manufactures the leading brands for the asbestos abatement and
remediation industry worldwide including Avail™ glove bags, D-Con™ decontamination enclosures, and
Control™ chemicals.

The addition of Grayling’s extensive line of advanced packaging solutions will strengthen
ILC’s market-leading position in the global pharmaceutical powder containment market while ILC’s
extensive engineering, testing, and materials development competencies will allow Grayling to
develop new and exciting solutions for its industrial packaging and asbestos abatement customers.

“During the acquisition and due diligence process it was very rewarding and encouraging to
see how aligned Grayling and ILC Dover are in focusing on the present and emerging needs of their
customers. Grayling has a history of exceeding the expectations of their customers and this is in
line with how ILC operates,” said William Wallach, CEO of ILC Dover.

Ben Greene, Marketing Manager for Grayling, stated, “I’m very excited about the added
capabilities ILC Dover will bring to the Grayling organization.  Their expertise in materials
and system level designs coupled with a relentless focus on reliability will be a real asset to
Grayling and our customers.”

ILC Dover LP is a portfolio company of Behrman Capital, a private equity investment firm
based in New York and San Francisco.  Grayling Industries will operate as a wholly owned
subsidiary of ILC Dover.



Posted on January 8, 2013

Source: ILC Dover

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