Queen Saenz + Schutz PLLC represented the parent company of All-State Industries, Inc. (“All-State”), a portfolio company of Blue Sage Capital (“Blue Sage”), in its recent acquisition of Allied Plastics LLC (“Allied Plastics”). Allied Plastics is a Wisconsin-based thermoformed plastics manufacturer, specializing in medium-to-heavy-gauge thermoformed plastic components for agriculture and heavy equipment OEMs, consumer products, and packaging/dunnage industries. The transaction closed on December 31, 2021. Financial terms were not disclosed.
The transaction marks the second sizable acquisition All-State has completed since partnering with Blue Sage in 2019. The combined business will be one of the largest providers of nonmetallic components in its markets, with eight total manufacturing facilities in the United States and Mexico.
More information on the transaction can be found here.