Blowmolder Western Industries Plastic Products LLC (Winfield, KS) has been acquired by LJC Investments IV LLC, an investment vehicle controlled by Littlejohn Capital LLC (Savannah, GA), it was announced today. Western was formerly a portfolio company of Speyside Equity LLC.
Over a course of 30 years, Western has grown to become an industry-leading designer and manufacturer of premium blowmolded finished products and components for a variety of end markets, including the industrial, furniture, sports and leisure, transportation, and lawn and garden sectors, according to a press release announcing the acquisition. It also offers one of North America’s largest selection of large head capacity machinery.
“Western has a unique competence in large blowmolding and manufactures some of the largest and most complex products in the industry,” said Angus C. Littlejohn Jr., founder and Chairman of Littlejohn Capital, in a prepared statement. “The company’s complex blowmolding machines offer extraordinary manufacturing and product flexibility to handle virtually any blowmolded product size, shape or complexity and serves as a critical supplier and one-stop strategic partner to many of its customers.”
Angus C. Littlejohn III, Director of Littlejohn Capital, added, “Western’s turnkey solutions and manufacturing capability position the company very well to participate in the sustained growth of the blowmolded plastics market and the positive dynamics within its end markets. There are a number of near-term strategic growth opportunities with new and existing customers that management expects to capitalize on and we look forward to partnering with them attain to attain its goals.”