Kingswood Capital Management to acquire labels and board business of Coveris.

Kingswood Capital Management, a private investment firm, agreed to acquire labels and board business of Coveris, a packaging company that manufactures paper and plastic based flexible packaging solutions. Financial terms are not disclosed. “We were impressed with Paragon’s market position, strong product lineup, and exceptional business leadership. The Paragon brand has strong recognition across the UK and continental Europe for reliability and excellence, and as companies around the world seek more sustainable packaging solutions, we see tremendous opportunities for growth for the company,” Andrew Kovach, Kingswood Managing Director.