Novvia Group, a distributor of rigid container and life sciences packaging, has announced the acquisition of US-based rigid packaging products distributor Northern Container.
Neither company disclosed the financial worth of this private transaction.
Novvia is backed by Kelso & Company, a New York-based company that specialises in private equity investments.
This acquisition is further expected to strengthen Novvia Group’s existing footprint in the Midwest region of the country.
The group already has various rigid packaging subsidiaries in the same region, including CL Smith in St Louis, Missouri, and Fox Valley in Crystal Lake, Illinois.
Other companies included in Novvia’s business collection are Inmark, Silver Spur, Novvia Canada, Container Supply, Rhino, Rahway, Southern Container, Rios, Duval Container, Auberst and Innovative Container.
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Novvia specialises in providing packaging solutions, as well as customised services to its domestic and international customers from a wide range of industries.
Novvia executive chair Ken Roessler said: “We are looking forward to the continued success and expansion of our Midwest footprint and are excited to welcome Northern to the Novvia family.
“With the addition of Northern, we have augmented our breadth of capabilities and strengthened our leading customer value proposition.”
Northern Container has been engaged in providing a value-additive stocking of rigid packaging products to its customers in the Midwest region.
The company primarily operates out of its 35,000ft² facility in Alsip in its home state of Illinois.
Furthermore, Northern Container’s long-tenured customer base and its operations across various industries in the region could help improve the company’s next-day delivery services.
Some of the rigid packaging products offered by Northern Container include plastic bottles, jars and tubs, steel and plastic pails, screw-top cans, and paint cans.