Transaction Allied Extruders 2017-07-12T18:51:31+00:00

Allied Extruders is recapitalized by Red Diamond Capital

Allied Extruders, based in Long Island City, New York, is a leading producer of high-density and low-density polyethylene film sold to converters and specialty packaging companies.

Allied manufactures a wide array of tubing, centerfolds, and gusseted material, and uses various resins to accommodate the market’s requirements for strength, seal-ability, and clarity.

Formed in 2002, Red Diamond Capital is an independent $150 million private equity fund that invests in middle market manufacturing, distribution and service businesses in North America. Through their partnership with Mitsubishi Corporation, Japan’s leading trading company, Red Diamond offers a unique mix of strategic resources, industry-focused capital, and management expertise to fuel the growth of their portfolio companies.

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