Announced
Completed
Financials
Sources
Tags
United States
packaging distribution
Industrial Distribution
Acquisition
Domestic
Private
Completed
Single Bidder
Private Equity
Majority
Friendly
Synopsis
Kelso-backed Novvia Group, a provider of packaging solutions and customized services, with domestic and international customers, completed the acquisition of packaging distribution division of Ravago-bakced JF Shelton, a distributor of both raw materials and industrial containers. Financial terms were not disclosed. “The acquisition of JF Shelton Packaging Distribution adds to our already strong West Coast portfolio. We are pleased to have partnered with Ravago Chemicals to complete this complex carve-out transaction,” Ken Roessler, Novvia Executive Chairman.
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