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New Deal


Announced

Completed

Kelso & Company-backed Novvia completed the acquisition of Rios Containers.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

industrial equipment supplier

Acquisition

Domestic

Majority

Private

Private Equity

Completed

Friendly

Single Bidder

Containers and Packaging

Synopsis

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Kelso & Company-backed Novvia, a high-quality packaging solutions, and customized services with domestic and international customers across myriad industries, completed the acquisition of Rios Containers, a California-based distributor of plastic and metal bottles, cans, drums, lids, and other rigid packaging products. Financial terms were not disclosed. “We are delighted to add Rios to our West Coast footprint as we continue to expand Novvia’s position in this key geography,” Ken Roessler, Novvia Executive Chairman.

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