Announced
Completed
Financials
Tags
packaging solutions
Acquisition
Single Bidder
bottles
Private
Containers and Packaging
jars
Majority
Netherlands
vacuum seal bottles
buckets
Friendly
flexible bags
Private Equity
Completed
Synopsis
Berlin Packaging, manufacturer and supplier of glass, plastic, and metal containers and a portfolio company of Oak Hill Capital and CPPIB, completed the acquisition of Novio Packaging, a supplier of plastic packaging with expertise in personal care, pharmaceutical, food, and sports nutrition verticals. Financial terms were not disclosed. "We are excited to become part of the Berlin Packaging family and to embrace our new colleagues. We are proud of what we have built, and we know this new partnership will bring much more opportunity for our customers, suppliers, and employees," Erik Trum and Marck Jansen, Novio Packaging Founders and Managing Directors.
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