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DOWNERS GROVE, IL – March 1, 2024 – PLZ Corp (“PLZ”), North America’s largest aerosol and liquid product manufacturer, today announced the sale of Custom-Pak Products, Inc. (“Custom-Pak”) to the family of John Ferring IV, PLZ’s executive chairman of the board. Mr. Ferring, son of PLZ’s founder, was previously majority owner of PLZ and led the business from 1978 – 2012.

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DOWNERS GROVE, Ill. – January 24, 2023 – PLZ Corp (“PLZ”), North America’s largest independent specialty aerosol and liquid product manufacturer, today announced the appointment of Brett Finley as Chief Executive Officer, effective February 15^th. Mr. Finley brings to PLZ more than 25 years of specialty manufacturing industry leadership and will focus on leveraging PLZ’s extensive R&D resources and product breadth to bring customized solutions to its customers, while continuing to drive strategic acquisitions.

“PLZ is a leader in producing innovative specialty aerosol and liquid products and packing solutions for its customers, and I am thrilled to join the Company’s leadership team,” said Mr. Finley. “I am impressed by the exceptional quality of PLZ’s products and its commitment to customer-centered solutions. I look forward to working with the talented team at PLZ as we strive to be the partner of choice for our customers.”

“We are delighted to have Brett’s seasoned leadership at the helm of PLZ. His industry experience gives him a deep understanding of our end markets, spanning from household products to industrial solutions and personal care. Brett’s extensive technical expertise, combined with his commitment to operational excellence makes him the right fit to drive PLZ’s next phase of growth and expansion,” said John Ferring, Chairman of PLZ.

“Brett shares our philosophy of building strong, growth-oriented businesses,” said Terry Sutter, Operating Partner at Pritzker Private Capital (“PPC”). “His strategic vision and operational focus make him the ideal choice to build on PLZ’s strong foundation and continue the Company’s growth trajectory. I look forward to continuing our successful partnership as we welcome Brett to the PLZ and PPC families.”

Mr. Finley joins PLZ from Fortune Brands, a leading home and security products company, where he served as President of Outdoors & Security. At Fortune Brands, Mr. Finley was responsible for overseeing organic and inorganic growth initiatives and managed a business segment with 7,800 employees across five business units. He previously held leadership roles with IDEX Corporation, serving as Senior Vice President, Corporate Officer and President of the Asia division. Mr. Finley earned his B.S. in mechanical engineering from Case Western Reserve University.

PLZ continues to enhance its service offering and capabilities through strategic acquisitions and has completed 18 acquisitions since 2010. Two of PLZ’s most recent acquisitions include 220 Laboratories, a leading innovator and formulator of hair, skin and body products, and Champion Brands, a leading manufacturer of specialty lubricants for the automotive and industrial markets. Headquartered outside Chicago, PLZ is owned by Pritzker Private Capital and management.

About PLZ Corp
PLZ Corp is the North American leader in specialty aerosol and liquid product manufacturing. The PLZ family of companies specializes in the development, manufacturing, packaging and distribution of a comprehensive line of contract fill, branded and private-label products. PLZ formulates, blends, fills and packages more than 2,500 branded and private-label products including personal care products, cleaners and polishes, industrial solvents, lubricants and degreasers, adhesives, sanitary supply disinfectants, insecticides and air fresheners for home and industrial use. For more information, visit www.plzcorp.com.

About Pritzker Private Capital
Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products and services sectors. The firm’s differentiated, long-duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur-and family-owned companies. Pritzker Private Capital is a signatory to the United Nations Principles for Responsible Investment (PRI). For more information, visit www.ppcpartners.com.

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New Leadership and Sales Team Additions Support Personal Care Division Growth

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The acquisition of 220 Labs is PLZ’s fourth acquisition in the personal care industry in the last two years. In total, PLZ now operates seven personal care facilities across the United States and Canada.

Founded in 1991, 220 Labs manufactures a variety of aerosol and non-aerosol personal care products including dry shampoos, conditioners, and body sprays. The company is known as a market leader in product development and has a long track record of innovation. 220 Labs operates out of a 200,000 square foot FDA-registered facility in Riverside, California.

“We are thrilled to welcome 220 Labs to our company as we continue to establish PLZ as the partner of choice for personal care brands in North America,” said Aaron Erter, PLZ’s President and CEO. “220 Labs is a renowned innovator and formulator within the personal care industry. We look forward to leveraging these capabilities across our combined enterprise to strengthen the value proposition we bring to our customers.”

220 Labs is led by Ian and Eric Fishman, the second generation of Fishman family leadership at the company. Ian and Eric will continue with 220 Labs following the transaction.

“We are incredibly excited for 220 Labs to become part of the PLZ family,” said Ian Fishman. “Over the past 30 years, 220 Labs has established itself as a premier partner for innovative personal care brands, and we will leverage PLZ’s industry experience and national footprint to continue growing our company in its next chapter. We believe our combined company is poised to even better serve our customers in the years to come.”

Headquartered outside Chicago, PLZ is owned by Pritzker Private Capital (“PPC”) and management.  With PPC’s support, PLZ has continued to grow organically as well as through five acquisitions in the last two years – Champion Brands in 2021, Mansfield-King and Custom-Pak Products in 2020, and Liquid Technologies and Precise Packaging in 2019.

Carriage Hill served as the exclusive advisor to 220 Labs in this transaction.

About 220 Labs

220 Labs is a market leader in personal care contract manufacturing focused on hair, skin and body aerosol and non-aerosol products. Headquartered in Riverside, California, 220 Labs has a long track record of personal care product development and innovation. 220 Labs has been a proud family-owned and operated business for over 30 years. For more information, visit 220labs.com.

About PLZ Corp

PLZ Corp is a leader in specialty aerosol and liquid product technologies.  PLZ specializes in the development, manufacturing, packaging and distribution of a comprehensive line of contract fill, branded and private label products. PLZ has a robust and proprietary portfolio of products in household cleaning, personal care, food service, maintenance, specialty and industrial, and automotive. For more information, visit PLZAeroscience.com.

About Pritzker Private Capital

Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products, services and healthcare sectors. The firm’s differentiated, long-duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur- and family-owned companies. Pritzker Private Capital is a signatory to the United Nations Principles for Responsible Investment (PRI). For more information, visit PPCPartners.com.

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Founded by Ralph Lowe in 1956 and with more than 65 years of market leadership, Champion has one of the largest product portfolios in the industry. Champion produces more than 300 functional fluids and performance products, including brake fluid, fuel treatments, semi-synthetic and full-synthetic engine additives and specialty motor oils. Champion operates a 450,000 square foot manufacturing facility in Clinton, Mo., and serves customers across automotive, heavy duty, agricultural and performance racing markets. The speed and versatility of Champion’s lines make the company a cost effective solution for many customers.

“We are very excited to welcome Champion Brands to PLZ,” said Aaron Erter, PLZ’s President and CEO. “Champion is a market leader within the automotive aftermarket industry, and we look forward to leveraging their capabilities across our combined enterprise to strengthen the value proposition we bring to our customers. Champion is an incredible addition to PLZ as we continue growing our specialty automotive and industrial footprint across North America.”

Champion is led by Matt Lowe, the third generation of Lowe leadership at the company. Mr. Lowe will remain with Champion following the transaction.

“I am thrilled for Champion to become part of the PLZ family,” said Matt Lowe. “We look forward to leveraging PLZ’s extensive industry experience and national footprint to help grow Champion in the years to come. Together with PLZ, we will propel the combined company forward into its next chapter as we continue to deliver exceptional innovation, quality and service to our customers.”

Headquartered outside Chicago, PLZ is owned by Pritzker Private Capital.  With their support, PLZ has continued to grow organically and through acquisitions, including four in the last two years – Mansfield-King and Custom-Pak Products in 2020 and Liquid Technologies and Precise Packaging in 2019.

About PLZ Corp

PLZ Corp is a leader in specialty aerosol and liquid product technologies.  PLZ specializes in the development, manufacturing, packaging and distribution of a comprehensive line of contract fill, branded and private label products. PLZ has a robust and proprietary portfolio of products in household cleaning, personal care, food service, maintenance, specialty and industrial, and automotive. For more information, visit PLZAeroscience.com.

About Champion Brands, LLC

Champion Brands, LLC has made a name for themselves as a leader in specialty lubricants. Headquartered in Clinton, Missouri and with over 300 products, Champion is always looking for new and better ways to make their customers more efficient with quality products and high standards. Champion products can be found all over North America and have had long-standing relationships with its customers for over 65 years. For more information, visit ChampionBrands.com

About Pritzker Private Capital

Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products, services and healthcare sectors. The firm’s differentiated, long-duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur- and family-owned companies. Pritzker Private Capital is a signatory to the United Nations Principles for Responsible Investment (PRI). For more information, visit PPCPartners.com.

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DOWNERS GROVE, Ill. – November 19, 2020 – PLZ Corp (“PLZ”), the North American leader in specialty aerosol and liquid product manufacturing, today announced the appointment of Aaron M. Erter as president and chief executive officer, effective immediately. Mr. Erter brings to PLZ proven leadership experience and a successful track record of growing manufacturing businesses. He succeeds Ed Byczynski, who served as the company’s president and chief executive officer since 2009.

“I am honored to join PLZ as the Company strengthens its position as the leading specialty aerosol and liquid manufacturer in North America,” said Aaron M. Erter, President and CEO of PLZ. “PLZ continues to differentiate itself in the marketplace through value-added customer partnerships, outstanding operational and technical excellence, and unmatched end-to-end customer service. I look forward to leading PLZ’s talented team as we continue to grow our Company and deliver for our customers.”

“PLZ is focused on accelerating its growth strategy by pursuing add-on acquisitions, strengthening its capabilities and expanding into new end markets,” said John Ferring, Chairman of PLZ. “I am confident Aaron is the right leader to guide PLZ into its next chapter, and I am delighted to welcome him to the PLZ family.”

“At PPC, we are business builders,” said David Gau, Partner and Head of Operations at Pritzker Private Capital. “Over the last five years we have partnered with John and the PLZ team to significantly grow the business and enhance its leading market position. Our flexible capital will continue to support PLZ as the Company pursues the attractive growth opportunities we see in the market.”

Mr. Erter joins PLZ from the Sherwin Williams Company, where he most recently served as President of its Performance Coatings Group. Previously, he held various senior roles at The Valspar Corporation, which was acquired by Sherwin Williams in 2017, and Stanley Black & Decker, where he was instrumental in expanding and strengthening the company’s distribution channels. Mr. Erter received a B.S. in economics from the University of Pennsylvania’s Wharton School and an MBA from The University of Notre Dame.

PLZ recently expanded its capabilities and footprint with the September 2020 acquisition of Mansfield-King, a leading contract manufacturer of specialty personal care products, and its 2019 acquisition of Liquid Technologies, a leading contract formulator and manufacturer of high-end professional hair and skin care products. Headquartered outside Chicago, PLZ is owned by Pritzker Private Capital and management.

About PLZ Corp
PLZ Corp is the North American leader in specialty aerosol and liquid product manufacturing. The PLZ family of companies specializes in the development, manufacturing, packaging and distribution of a comprehensive line of contract fill, branded and private-label products. PLZ formulates, blends, fills and packages more than 2,500 branded and private-label products including personal care products, cleaners and polishes, industrial solvents, lubricants and degreasers, adhesives, sanitary supply disinfectants, insecticides and air fresheners for home and industrial use. For more information, visit PLZAeroscience.com.

About Pritzker Private Capital
Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products, services and healthcare sectors. The firm’s differentiated, long-duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur and family owned companies. Pritzker Private Capital is a signatory to the United Nations Principles for Responsible Investment (PRI). Additional information about Pritzker Private Capital is available at www.ppcpartners.com.

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ENHANCED AEROSOL AND LIQUID PRODUCT OFFERINGS

The acquisition of Precise Packaging by PLZ Corp (PLZ) marked a major milestone, positioning the business for continued growth in the years ahead. PLZ specializes in the development, manufacturing, packaging and distribution of a comprehensive line of contract fill, branded and private-label products. Together, PLZ and Precise Packaging can draw upon additional resources, relationships and capabilities, to better serve customers as a value-added strategic partner for a full suite of specialty aerosol and liquid products.

EXPANDED PRODUCT DEVELOPMENT CAPABILITIES

We opened a new production facility and added a new aerosol production line. Our new 15,000 square-foot production facility features two custom liquid filling lines with room for expansion, as well as a new shrink sleeve for enhanced decoration of cans and jars. The production facility also broadens our aerosol and liquid product development offerings to support further product innovation.

Our new aerosol production line increased plant capabilities by delivering added production options for aerosol products. As part of these aerosol line enhancements, we introduced an automated shrink bundler to offer improved options for cost-effective shrink bundling.

NEW CBD OIL FORMULATION AND FILLING SERVICES

We enhanced our contract manufacturing services to include CBD oil-based product formulation and filling capabilities. Our CBD oil capabilities support the development of a variety of high-growth CBD personal care products, including massage oils, body sprays, hair care products and more, available in small travel sizes, up to larger homecare sizes.

LEVERAGING CONTRACT MANUFACTURING UPGRADES FOR THE FUTURE

As a contract manufacturing and filling partner, we achieved strong growth in 2019 driven by strategic developments and upgrades. We are excited to leverage these investments in manufacturing capacity, along with the capabilities and connections of PLZ, to better serve our personal care, household and OTC customers. Stay tuned for continued growth in 2020 and beyond.

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