New Water Capital / Bulk Lift Platform Acquires Norwood Paper and BulkSak International
August 2, 2023
New Water Capital, via its Bulk Lift transportation packaging platform, completed add-on acquisitions of Norwood Paper Inc. (Chicago, IL) and BulkSak International (Gastonia, NC). The transactions expand the platform's offering in FIBCs, liners and related polypropylene- and paper-based transportation packaging, and make the combined platform the largest provider of specialty FIBCs and related packaging in North America.
- Buyers
- New Water Capital, Bulk Lift International (Bulklift)
- Targets
- Norwood Paper Inc., BulkSak International
- Sellers
- Norwood Paper ownership / family shareholders, Sonoco Products Company
- Platforms
- Bulk Lift International (Bulk Lift)
- Industry
- Manufacturing
- Location
- United States
- Transaction Type
- Addon
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