Announced
Completed
Financials
Sources
Tags
United States
Containers and Packaging
Acquisition
Majority
Private Equity
Completed
consumer packaging
Domestic
Private
Friendly
Single Bidder
Synopsis
Kelso-backed Novvia Group, a provider of packaging solutions and customized services, with domestic and international customers, completed the acquisition of Ocean State Packaging, a manufacturing company that provides consumer packaging products. Financial terms were not disclosed. “We are excited to partner with Novvia to continue growing our business. We intend to draw on a long history of customer service and our ‘one-stop-shop’ philosophy to deliver additional value to our loyal customers as part of the national Novvia platform,” Brian Beneduce, Ocean State President.
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