Experienced Industry Leader to Lead Company’s Growth Strategy, Enhance Customer-Focused Capabilities and Expand into New End Markets
DOWNERS GROVE, Ill. – November 19, 2020 – PLZ Aeroscience Corporation (“PLZ”), the North American leader in specialty aerosol and liquid product manufacturing, today announced the appointment of Aaron M. Erter as president and chief executive officer, effective immediately. Mr. Erter brings to PLZ proven leadership experience and a successful track record of growing manufacturing businesses. He succeeds Ed Byczynski, who served as the company’s president and chief executive officer since 2009.
“I am honored to join PLZ as the Company strengthens its position as the leading specialty aerosol and liquid manufacturer in North America,” said Aaron M. Erter, President and CEO of PLZ. “PLZ continues to differentiate itself in the marketplace through value-added customer partnerships, outstanding operational and technical excellence, and unmatched end-to-end customer service. I look forward to leading PLZ’s talented team as we continue to grow our Company and deliver for our customers.”
“PLZ is focused on accelerating its growth strategy by pursuing add-on acquisitions, strengthening its capabilities and expanding into new end markets,” said John Ferring, Chairman of PLZ. “I am confident Aaron is the right leader to guide PLZ into its next chapter, and I am delighted to welcome him to the PLZ family.”
“At PPC, we are business builders,” said David Gau, Partner and Head of Operations at Pritzker Private Capital. “Over the last five years we have partnered with John and the PLZ team to significantly grow the business and enhance its leading market position. Our flexible capital will continue to support PLZ as the Company pursues the attractive growth opportunities we see in the market.”
Mr. Erter joins PLZ from the Sherwin Williams Company, where he most recently served as President of its Performance Coatings Group. Previously, he held various senior roles at The Valspar Corporation, which was acquired by Sherwin Williams in 2017, and Stanley Black & Decker, where he was instrumental in expanding and strengthening the company’s distribution channels. Mr. Erter received a B.S. in economics from the University of Pennsylvania’s Wharton School and an MBA from The University of Notre Dame.
PLZ recently expanded its capabilities and footprint with the September 2020 acquisition of Mansfield-King, a leading contract manufacturer of specialty personal care products, and its 2019 acquisition of Liquid Technologies, a leading contract formulator and manufacturer of high-end professional hair and skin care products. Headquartered outside Chicago, PLZ is owned by Pritzker Private Capital and management.
About PLZ Aeroscience
PLZ Aeroscience is the North American leader in specialty aerosol and liquid product manufacturing. The PLZ family of companies specializes in the development, manufacturing, packaging and distribution of a comprehensive line of contract fill, branded and private-label products. PLZ formulates, blends, fills and packages more than 2,500 branded and private-label products including personal care products, cleaners and polishes, industrial solvents, lubricants and degreasers, adhesives, sanitary supply disinfectants, insecticides and air fresheners for home and industrial use. For more information, visit PLZAeroscience.com.
About Pritzker Private Capital
Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products, services and healthcare sectors. The firm’s differentiated, long-duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur and family owned companies. Pritzker Private Capital is a signatory to the United Nations Principles for Responsible Investment (PRI). Additional information about Pritzker Private Capital is available at www.ppcpartners.com.
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