Alleghany Capital-backed Piedmont Manufacturing to acquire Wilbert.

Alleghany Capital-backed Piedmont Manufacturing, a company providing injection molded and thermoformed parts, agreed to acquire Wilbert, a manufacturer of plastic products. Financial terms are not disclosed. "We look forward to supporting Greg Botner, President and Chief Executive Officer of WPS, and his dedicated team of over 600 employees as they continue to provide their customers with essential components and services for products that consumers use every day. Consistent with our quasi-autonomous operating model, Greg and his senior management team will continue to lead the Company post-closing and the transaction will not impact WPS's day-to-day operations," David Van Geyzel, Alleghany Capital President and CEO.