US-based Novvia Group, a rigid container and life sciences packaging distributor, has announced the acquisition of Ocean State Packaging.

The companies have not disclosed the financial terms and other details of this transaction.

The acquisition of Ocean marks the entry of Novvia into the New England market of the US.

This deal is considered a significant milestone in Novvia’s broader strategy to expand in the Northeast region of the country.

Backed by private equity business Kelso & Company, Novvia offers a range of packaging solutions and customised services to domestic and international customers across various industries.

Novvia owns a family of several packaging brands, including Container Supply, Fox Valley, Southern Container, and Duval Container, among others.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData

In June this year, Novvia acquired US-based rigid packaging products distributor Northern Container.

Novvia executive chair Ken Roessler said: “Ocean State Packaging has built an impressive business over its 33-year history, and we welcome the company to the Novvia family.

“We look forward to investing in Ocean State’s markets as we grow our footprint of Northeast-based employees, customers, and suppliers.”

Established in 1990, Ocean specialises in supplying custom packaging solutions and other rigid packaging products to its long-tenured customers in different end markets.

The Rhode Island-based company, which also has an office in New Jersey, further offers plastic bottles, available in different shapes, sizes, and substrates, as well as caps and closures.

It mainly caters to the pharmaceutical, food and beverage, automotive, and personal care sectors.

Ocean president Brian Beneduce said: “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.”