Western Industries Plastic Products LLC, a specialized blow molder, is being sold.
The new owner is LJC investments IV LLC, an investment vehicle controlled by Littlejohn Capital LLC.
The seller is Speyside Equity LLC of Ann Arbor, Mich., which bought it from Graham Partners in 2017.
Western's niche is blow molding large products at its Winfield, Kan., location. Customers include Rubbermaid Home Products.
"Western has a unique competence in large blow molding and manufactures some of the largest and most complex products in the industry," said Angus Littlejohn Jr., founder Littlejohn Capital, said in a statement.
Western's markets include industrial, furniture, sports, leisure, transportation and lawn and garden. The company was founded in 1987.
David Evatz, managing director for Stout Investment Banking, advised Western Industries on the deal.