AEA Investors acquires Inovar Packaging Group
22 January 2016
AEA Investors SBF LP has announced the acquisition of Inovar Packaging Group, LLC, in partnership with management and John Attayek, the new CEO of Inovar.
Headquartered in Arlington, Texas, Inovar is a leading specialty converter of prime labels and flexible packaging serving blue-chip customers within a diverse set of end markets including, among others, health & personal care, nutraceuticals, industrial, pet food & supplies, and food & beverage. Since its founding in 2005, Inovar has created a track record and reputation of innovation and being a solutions oriented company providing outstanding quality and service to its customers.
John Attayek, new CEO of Inovar, said, "We are honoured to become part of the AEA family. This partnership with AEA will allow us to continue to build our business organically and through future acquisitions. We recognize this investment is the result of hard work and dedication of all of Inovar's employees and ongoing support of our customer and vendor partners. We take pride in the service we provide our customer and will work hard to continue to earn their business and grow with them, which is our primary focus."