NEW YORK & LONDON–(BUSINESS WIRE)–Custom Bottle Solutions, LLC (“CGS” or the “Company”) was acquired today by affiliates of Stellex Basic Administration (“Stellex”), a average bazaar clandestine disinterestedness close with offices in New York and London. The banking agreement of the transaction were not disclosed.
Based in axial Ohio, CGS is a arch architect of large-format laminated, tempered, value-added bottle articles acclimated in abstruse and recreational agent applications. Prior to the transaction, the Company was a accessory of Guardian Glass, LLC, which itself is allotment of Koch Industries, Inc.
“We are abundantly aflame about the accretion of Custom Bottle Solutions,” said Mike Stewart, Managing Accomplice at Stellex. “We accept CGS is an aberrant business with abysmal industry ability and accomplished chump support. We attending avant-garde to partnering with CGS and its administration aggregation and advisers to bear the Company’s aing affiliate of advance through the aggregate of a customer-focused access and operational excellence.”
“This transaction will accredit CGS to advantage its newfound cachet as a standalone business to alleviate several beginning advance opportunities,” added Mike Livanos, a affiliate of the Stellex advance team. “CGS is a bright baton in the specialty bottle bazaar and one of the few companies able of bearing actual ample formats, arduous shapes, and technology-enabled solutions.”
The CGS administration team, beneath the administration of Chief Executive Officer Neale Yeomans, invested in the transaction and will abide to advance the business. “We are captivated to accept Stellex as a partner,” Yeomans commented. “With Stellex’s support, we are able-bodied positioned to abode our customers’ evolving requirements. We are aflame about active our business to unparalleled levels of quality, artefact innovation, and operating ability with a accomplice that is committed to advance decidedly in our people, technology, and infrastructure.”
Debt costs was provided by Czech Asset Management, L.P. Benesch, Friedlander, Coplan & Aronoff LLP acted as acknowledged admonition to Stellex. Stinson Leonard Street LLP and Lincoln International LLC brash Guardian Bottle on the transaction.
About Custom Bottle Solutions
Custom Bottle Solutions, LLC is North America’s arch ambassador of large-format, laminated bottle systems. In accession to laminated glass, the Company additionally articles flat, bent, and choleric bottle systems, alms a ample ambit of capabilities and the best assorted alternative of articles for abounding altered specialty busline segments, including RV, bus, truck, architecture and agriculture, and added off-highway and borough vehicles. CGS offers articles like large, jumpsuit windshields, aperture glass, careful glass, and roof bottle as able-bodied as added avant-garde technologies like coated bottle solutions, assorted forms of acrimonious glass, and bottle with anchored LEDs. For added advice amuse visit: www.customglasssolutions.com/
About Stellex Basic Administration
Stellex is a clandestine disinterestedness administrator that invests in and oversees U.S. and European accumulated assets. Stellex’s focus is on middle-market companies activity through business or industry transitions, as able-bodied as appropriate bearings opportunities. Stellex seeks to analyze and arrange basic in opportunities that accept the abeyant to accommodate stability, improvement, and advance for its portfolio companies. For added advice amuse visit: www.stellexcapital.com.
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