Novvia Group Acquires Rahway Steel Drum Company

December 8, 2022

Novvia Group, a Kelso & Company-backed national packaging platform, has acquired Rahway Steel Drum Company, a Cranbury, New Jersey-based distributor of drums, pails, IBCs and other rigid packaging solutions. The deal — financial terms not disclosed — expands Novvia's geographic footprint into the Northeast and adds distribution, reconditioning and dedicated logistics capabilities to its national platform.

Buyers
Novvia Group, Kelso & Company
Targets
Rahway Steel Drum Company
Sellers
Mike Foglia, Tony Foglia
Platforms
Novvia Group
Industry
Packaging
Location
New Jersey, United States
Transaction Type
Addon

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