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New Deal


Announced

Completed

Kelso-backed Novvia Group completed the acquisition of Innovative Container.

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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Domestic

Majority

Private

container distributor

Acquisition

Private Equity

Completed

United States

Containers and Packaging

Friendly

Single Bidder

Synopsis

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Kelso-backed Novvia Group, a provider of high-quality packaging solutions and customized services, with domestic and international customers, completed the acquisition of Innovative Container, a plastic, metal, glass, and corrugated container distributor. Financial terms were not disclosed. “We are pleased to partner with Novvia as Innovative embarks on its next phase of growth. We thank our customers, employees, and suppliers who have enabled our success to date, and we look forward to delivering additional value to these key stakeholders as part of the broader Novvia organization,” Darren Williams, Innovative Container Owner and CEO.

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