Announced
Completed
Financials
Tags
United States
industrial equipment supplier
Acquisition
Domestic
Majority
Private
Private Equity
Completed
Friendly
Single Bidder
Containers and Packaging
Synopsis
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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