Argand Partners, LP (“Argand”), the New York- and San Francisco-based private equity firm, today announced its acquisition of Midwest Can Company and Container Specialties, Inc. (together, “Midwest Can”). Midwest Can is a market-leading manufacturer of portable fuel containers (“PFCs”) used for the safe handling, storage and usage of flammable liquids such as gas, diesel and kerosene. The company designs and manufactures PFCs, which contain its industry leading FlameShield Safety System, as well as fluid management accessories such as funnels, drain pans and spouts. The company’s products are sold through a diverse customer base consisting of farm & fleet, lawn & garden, automotive aftermarket, hardware, and gas & convenience retailers.
