Loparex Acquires Enterprise Coated Products Inc.

Pexco LLC Acquires Performance Elastomers Corporation

December 1, 2021

Manufacturing

Pexco LLC, a PE-backed North American specialty plastics extruder, acquired Performance Elastomers Corporation (PEC), a Ravenna, Ohio-based manufacturer of rubber, silicone and thermoplastic elastomer (TPE) products. The deal — announced December 1, 2021 — expands Pexco's silicone and TPE capabilities and broadens its end-market exposure in mobility, RV, marine and heavy equipment aftermarket segments; PEC owners Art Bowen and Dave Spears sold the business.

Appvion Acquires Nekoosa Coated Products

November 1, 2022

Manufacturing

Appvion, a portfolio company of Wynnchurch Capital, announced the addition of Nekoosa Coated Products, LLC to its platform as part of an investment by Wynnchurch. Nekoosa, headquartered in Nekoosa, Wisconsin, is a manufacturer of specialty engineered papers, films and application tapes previously owned by Sentinel Capital Partners; financial terms were not disclosed.

Pacur to Acquire CAROLEX SAS

November 17, 2021

Packaging

Oshkosh-based Pacur, a Gryphon Investors-backed supplier of PETG sheet for medical device packaging, has signed a definitive agreement to acquire CAROLEX SAS, a PETG sheet extruder based in Longué, France, from epsotech Holding GmbH. The deal expands Pacur's extrusion capabilities and European presence to better serve medical, pharmaceutical and food packaging customers; terms were not disclosed.

TRANSTEX Acquires US Liner Company

July 10, 2024

Manufacturing

TRANSTEX, a cleantech transportation OEM, has acquired US Liner Company (formerly American Made LLC), a Pennsylvania-based manufacturer of glass-reinforced thermoplastic composite components. The acquisition expands TRANSTEX's North American manufacturing capacity and secures a supply of lightweight, corrosion-resistant composite materials for transportation, RV and agricultural applications.

Novolex Acquires Flexo Converters USA, Inc.

July 1, 2021

Packaging

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.

Apollo Funds to Acquire Majority Stake in Novolex

February 14, 2022

Packaging

Funds managed by Apollo affiliates have entered into a definitive agreement to acquire a majority stake in Novolex from funds managed by Carlyle, with Carlyle retaining a minority interest. Novolex, a leading sustainable packaging manufacturer headquartered in Hartsville, South Carolina with more than 10,000 employees and 57 manufacturing facilities, will look to leverage Apollo's resources to expand customer relationships, sustainability initiatives and product innovation.