Novvia Group Acquires Liquid Bottles
September 12 2024 - 10:34AM
Business Wire
Global rigid container and life sciences packaging distributor,
Novvia Group (“Novvia”), has acquired Liquid Bottles LLC (“Liquid
Bottles”), a Florida based supplier of plastic and glass containers
and other rigid packaging products. Financial terms of the private
transaction were not disclosed. Novvia is backed by Kelso &
Company (“Kelso”).
Founded in 2014, Liquid Bottles has grown exponentially from a
small operation in the owner’s garage to a 40,000sf warehouse in
Palmetto, Florida. As a trusted supplier of plastic and glass
packaging, Liquid Bottles serves a wide network of customers across
diverse geographies and industries. The company’s extensive range
of containers, jars, bottles, boxes, and closures supports various
applications, further enhancing Novvia’s position in the
Southeastern U.S. market.
The Liquid Bottles management team will stay on with Novvia
sharing mutually aligned goals of service and growth. “We look
forward to working with the Novvia management team to help continue
the expansion of both enterprises,” said Adam Wait, Co-Founder of
Liquid Bottles. Justin Hertz, Co-Founder of Liquid Bottles added
“Liquid Bottles and Novvia have the same focus on customer
experience and this relationship provides both organizations even
more packaging solutions for our customers.”
The acquisition supports Novvia’s existing position in the
Southeast, expanding the company’s product breadth and enhancing
its local market presence in this important, rapidly growing
region. “Liquid Bottles has built an impressive business over its
10-year history, and we welcome the company to the Novvia family,”
said Ken Roessler, Executive Chairman of Novvia. “We look forward
to investing in the continued growth of the Company and further
developing their e-commerce platform and extensive product line,”
added Roessler.
For more information about Liquid Bottles, please visit
liquidbottles.com.
About Novvia Group
Novvia Group is a leader in high-quality packaging solutions and
customized services with domestic and international customers
across myriad of industries. Through its family of dynamic
companies, comprised of Inmark, C.L. Smith, Silver Spur, Container
Supply, Fox Valley, Rhino, Novvia Canada, Southern Container, Duval
Container, Rios, Auberst, Innovative Container, Rahway, Northern
Container, Ocean State, JWJ Packaging, and Liquid Bottles, Novvia
has set a new industry standard as a national stocking distributor
with a comprehensive suite of containers and supplies, trusted
local relationships and 40+ years of best-in-class customer
service. For more information, please visit
www.novviagroup.com.
About Kelso
Kelso is one of the oldest and most established firms
specializing in private equity investing. Since 1980, Kelso has
invested approximately $19 billion of equity capital in over 140
transactions. Kelso was founded by the inventor of the Employee
Stock Ownership Plan (ESOP) and, as a result, the principles of
partnership and alignment of interest serve as the foundation of
the firm’s investment philosophy. Kelso benefits from a successful
investment track record, deep sector expertise, a long-tenured and
stable investing team, and a reputation as a preferred partner to
management teams and corporate partners. Kelso has significant
experience investing in and supporting high-growth distribution and
packaging platforms. The firm is based in New York, NY. For more
information, please visit www.kelso.com.
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Media Rich Myers Profile Advisors kelso@profileadvisors.com