Colorcon Acquires Airnov Healthcare Packaging from Arsenal Capital Partners

Novvia Group Acquires APC Packaging

May 21, 2026

Packaging

Novvia Group, a rigid container and life sciences packaging distributor backed by Kelso & Company, announced it has acquired APC Packaging, a Fort Lauderdale-based supplier of sustainable luxury beauty packaging solutions. Financial terms were not disclosed, and APC’s primary owners Lisa Lin and Christina Lin will continue leading the business post-acquisition.

Novvia Group (Kelso-backed) Acquires Northern Container

May 31, 2023

Packaging

Novvia Group, a Kelso & Company-backed national rigid container and life sciences packaging distributor based in St. Louis, acquired Northern Container, a rigid packaging distributor operating a 35,000 sq. ft. facility in Alsip, Illinois. Financial terms were not disclosed; the deal expands Novvia's Midwest footprint and augments its product and service capabilities (next-day delivery, steel/plastic pails, paint cans, bottles and jars).

Vonco Products Acquires Flex-Pak Packaging Products

January 13, 2022

Manufacturing

Vonco Products LLC acquired Flex-Pak Packaging Products, Inc., a Batavia, Illinois-based specialist in flexible barrier packaging and sterile DuPont Tyvek pouches. The acquisition, which closed December 31, 2021, expands Vonco's contract manufacturing capabilities for healthcare and consumer markets by adding sterile barrier pouch expertise and complementary packaging services.

ACON Investments Acquires Novipax

December 1, 2020

Packaging

ACON Investments has acquired Novipax, the U.S. market leader in absorbent pads for fresh meat and poultry packaging, from Atlas Holdings. The transaction transfers Novipax's absorbent pad manufacturing facilities and headquarters in Oak Brook, Illinois, to ACON, while the tray business is excluded from the sale and will operate separately as NPX ONE.

Arsenal Capital Partners Acquires Clariant's Healthcare Packaging Business (Rebranded as Airnov)

October 31, 2019

Packaging

Arsenal Capital Partners has completed the acquisition of Clariant's healthcare packaging business, which will be rebranded as Airnov Healthcare Packaging. The carved-out business—a global maker of desiccants, oxygen-scavenging solutions and barrier plastic bottles with manufacturing sites in France, the U.S., China and India—employs ~600 people and will be led by Matthias Brommer under Arsenal's ownership as it pursues organic investment and complementary acquisitions.

Arsenal Capital Partners Acquires Carolina Color and Breen Color Concentrates

October 31, 2017

Manufacturing

Arsenal Capital Partners has acquired Carolina Color Corporation and Breen Color Concentrates, combining the two specialty color- and additive-concentrate suppliers to form a leading platform in the plastics colorant market. The combined business operates five U.S. manufacturing facilities and will leverage complementary technologies (including Carolina Color's G2/G3 products and Breen's PVC-focused formulations) to expand product offerings and pursue further growth and acquisitions.