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Littlejohn Capital has acquired Winfield, Kansas-based Western Industries Plastic Products LLC, a manufacturer of large blow-molded products. No financial terms were disclosed. Western was a portfolio company of Speyside Equity LLC.

PRESS RELEASE

SAVANNAH, GA, March 15, 2019 – LJC Investments IV, LLC, an investment vehicle controlled by Littlejohn Capital, LLC (“Littlejohn Capital”), today announced the acquisition of Western Industries Plastic Products LLC (“Western”), a niche technical manufacturer of large blow-molded products. Western was formerly a portfolio company of Speyside Equity LLC.

With over 30 years of rich history, Western has grown to become an industry leading designer and manufacturer of premium blow molded finished products and components for a variety of end markets and offers one of North America’s largest selection of large head capacity machinery. The company’s end markets include the industrial, furniture, sports and leisure, transportation, and lawn and garden sectors and its products are shipped worldwide.

Founded in 1987, Western is headquartered in Winfield, Kansas. Visit www.westernind.com.

Angus C. Littlejohn Jr., founder and Chairman of Littlejohn Capital, said: “Western has a unique competence in large blow molding and manufactures some of the largest and most complex products in the industry. The company’s complex blow molding machines offer extraordinary manufacturing and product flexibility to handle virtually any blow molded 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 blow molded 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.”

Morrison Cohen LLP served as Littlejohn Capital’s legal counsel.

About Littlejohn Capital
Littlejohn Capital is the family office of Angus C. Littlejohn Jr., co-founder of Littlejohn & Co., where he currently serves as Chairman. The platform seeks to make control investments in small to mid-sized private companies that are undergoing strategic, operational or generational transition. Visit www.littlejohncapital.com.