International advisory firm Stout has announced that its client, Western Industries Plastic Products LLC (Western), a portfolio company of Speyside Equity LLC (Speyside), has been acquired by Littlejohn Capital, LLC. Stout served as exclusive financial advisor to Western and Speyside in connection with this transaction.
Founded in 1987 and headquartered in Winfield, Kansas, Western is a designer and manufacturer of premium blow-molded finished products and components for the industrial, furniture, sports and leisure, transportation, and lawn and garden sectors. Western has a unique competence in large-part blow molding and operates one of the largest fleets of large-tonnage blow molding machines in the US.
“Western has built strong brand recognition and has a reputation for manufacturing some of the largest and most complex blow-molded products in the industry,” said David Evatz, managing director and head of Stout’s plastics & packaging practice. “It was a pleasure working with Speyside and Western on this transaction.” Stout’s Sidarth Balaji assisted in executing the transaction.
For more information, visit www.stout.com.