Novolex Acquires Flexo Converters USA, Inc.
July 1, 2021
Novolex, a portfolio company of The Carlyle Group, has acquired Flexo Converters USA, Inc., a family-owned manufacturer of stock, custom and recycled paper bags and sacks headquartered in Meriden, Connecticut, with an additional plant in Monroe, Georgia. Flexo's products will be sold under the Novolex Duro Bag brand and the acquisition adds production capacity to support rising demand from foodservice and grocery customers; eligible full‑time Flexo employees will join Novolex.
- Buyers
- Novolex
- Targets
- Flexo Converters USA, Inc.
- Platforms
- Novolex Duro Bag
- Industry
- Packaging
- Location
- Connecticut, United States
- Transaction Type
- Addon
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