Alleghany Capital Forms Piedmont Manufacturing to Acquire Wilbert Plastic Services

May 11, 2021

Alleghany Capital Corporation formed a new wholly-owned subsidiary, Piedmont Manufacturing Group, LLC, to acquire Wilbert, Inc. (dba Wilbert Plastic Services), a U.S. injection-molded and thermoformed parts manufacturer. The acquisition brings Wilbert's four facilities and over 600 employees into Alleghany Capital's industrial platform as it looks to build Piedmont Manufacturing into a platform for value-added plastics and contract manufacturing.

Buyers
Alleghany Capital Corporation, Piedmont Manufacturing Group, LLC
Targets
Wilbert, Inc. (dba Wilbert Plastic Services)
Platforms
Piedmont Manufacturing Group, LLC
Industry
Manufacturing
Location
North Carolina, United States
Transaction Type
Buyout

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