Generational Capital Markets, Member FINRA/SIPC and a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Lakeland Plastics, Inc./Derby Fence Co. to an individual investor. The acquisition closed April 23, 2019.
Lakeland Plastics, headquartered in Mundelein, IL, is composed of a team of industry veterans and experts in custom plastic extrusions that have been making these products since 1962. The Company is recognized as one of the leading custom plastic extrusion companies in the country.
Lakeland has an extrusion solution for every application. Its extensive range of plastic extrusions and services include: Plastic extrusion design, plastic extrusion tooling, 3-D printing, plastic profile extrusion, crosshead extrusion coating, rod and tube extrusion, co-extrusion & tri-extrusion, and plastic extrusion fabrication.
Derby Fence, also located in Mundelein, IL, is the nation’s leading provider of High Density Polyethylene (HDPE) fencing products for animal containment, equine and livestock. The Company’s fences are strong, durable, aesthetically beautiful, easy to clean, stain-resistant and virtually maintenance free for years.
The buyer is an individual investor located in Chicago, IL. Details of the transaction were not released.
"Lakeland is a successful multi-generational family-owned business. The continuity of values and culture that have been instilled in the business over the historical 45+ years was a critical component in selecting a potential buyer,” said Phil Pizzurro.
“We were fortunate to find a family that shared the same values with a vision to keep the employees and culture intact while positioning the Company to achieve long-term future growth."
If you’d like to learn more about our history in this industry, please visit our dedicated Manufacturing page.
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