WINFIELD, Kan. and WATERTOWN, Wis., Jan. 4, 2017 /PRNewswire/ -- Speyside Equity Fund I LP announces the acquisition of Western Industries, Inc., ("Western") from Graham Partners. The transaction was completed on 12/30/2016 and includes Western's Plastic Products Group located in Winfield, KS, and Western's Engineered Products Group located in Watertown, WI.
Western's Plastic Products Group is a niche, technical manufacturer of large blow-molded OEM and consumer packaged products with diverse product capabilities and complete supply chain management services.
Western's Engineered Products Group is a fully-integrated manufacturer of finished goods, fabricated metal components and sub-assemblies for blue chip OEM customers in a variety of end markets.
About Speyside Equity
Formed in 2005, Speyside Equity employs an operationally intensive approach to investing in specialty chemicals, industrials/metal forming and food ingredients businesses. It targets companies with a history of strong revenue, a defensible position in their respective markets, and a core group of managers that can move the business forward. Speyside prefers situations where there are opportunities to leverage its operating expertise to improve financial performance and create sustainable long-term value.
Since its formation, Speyside has successfully executed numerous platform investments and add-on acquisitions using its own capital. This principal-driven investment philosophy and approach will continue in its $130 million institutional fund closed in January 2016.
Speyside Equity Fund I LP
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SOURCE Speyside Equity