Lew’s Holdings Corporation (Lew’s), a supplier of fishing and hunting products, has acquired Southern Plastics Company, a manufacturer of soft plastic fishing lures.
Southern Plastics is a leading manufacturer of soft plastic lures utilising a unique variety of scents, additives, and colours supported by industry leading operational capabilities. Southern Plastics has manufactured soft plastics for Strike King for over twenty years. Based in Eufaula, Alabama, Southern Plastics benefits from an exceptional team of managers and employees.
Peter Leibman, Managing Director of Peak Rock Capital, says: “We are excited about the opportunity to partner with one of the industry’s best-known manufacturers as Lew’s continues to grow organically and through strategic acquisitions. The addition of Southern Plastics enhances our presence in the fast-growing soft plastic lures category. Strike King and Southern Plastics are highly complementary, and we’re excited to utilise the capabilities of Southern Plastics to support the continued strong growth of Strike King.”
Ken Eubanks, CEO of Lew’s, says: “Southern Plastics shares with Lew’s a dedication to providing industry leading products and service levels to our business partners. I am excited to support Southern Plastics in continuing the tradition of exceptional service to our business partners and consumers. Terry Spence and Lisa Hagler, along with their dedicated employees, have done a tremendous job driving growth at Southern Plastics, and we are excited that they will remain involved with the company going forward.”
