Argand Partners to acquire Midwest Can and Container Specialties.

Argand Partners, a private equity firm, agreed to acquire Midwest Can, a manufacturer of portable fuel containers, and Container Specialties, a manufacturer of custom blow-molded plastic containers for the food, automotive, chemical, and agriculture industries, from GenNx360 Capital Partners. Financial terms were not disclosed. “Midwest Can has undergone substantial change over the last three years as we invested in the business and launched our FlameShield Safety System PFC products, and we are excited to partner with Argand during our next phase of growth as we continue to add more products to our lineup that will complement our industry leading standard PFC offering,” Jerry Burris, Midwest Can Chief Executive Officer.