Advised on sale of plastic products supplier for Tier 1 auto OEMs
Advised on sale of plastic products supplier for Tier 1 auto OEMs
Stout served as the exclusive financial advisor to Alfmeier Friedrichs & Rath, LLC (AF&R), in the divestiture of its Anderson, SC, operations (Anderson) to Engineered Plastic Components, Inc. (EPC). Established in 1997, Anderson is a full-service supplier of plastics engineering and manufacturing solutions for the automotive industry. Anderson manufactures sophisticated, tight tolerance, injection-molded fuel tank, braking, and under-the-hood components for Tier I automotive suppliers. Headquartered in Grinnell, IA, EPC is a manufacturer of plastic injection-molded products, and AF&R’s Anderson operations provided an excellent addition to EPC’s operational presence in the Southeast.