Client Successes May 08, 2018

BB&K Team Handles Plastic Company Sale

Riverside-based AMA Now Owned by Westfall Technik

BB&K Team Handles Plastic Company Sale

Best Best & Krieger LLP represented AMA Plastics Inc. in the recent sale of the partially ESOP-owned company to Westfall Technik Inc., a private equity group with several plastic injection molding companies in its portfolio of companies.
The sale ensures Riverside-based AMA’s future while making it a part of a firm that is aggressively expanding in the region, according to an article in Plastics News. The deal was finalized April 13, but the financial terms are not being made public.
The BB&K team involved in the deal were George Reyes, Jeremiah Lee, Danielle Sakai and Randi Walseth.
AMA has 95 custom molding machines, and is Riverside County’s largest custom molder. In 2017, Plastics News ranked AMA No. 114 on its list of injection molders with $61.5 million in estimated sales. The company was a finalist for 2013 Plastics News Processor of the Year.
Westfall Technik is a newly formed global company whose goal is to provide manufacturing solutions to the medical, packaging and consumer goods markets.

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