Global rigid container and life sciences packaging distributor, Novvia Group, has acquired Ocean State Packaging, Inc., a Rhode Island based supplier of plastic bottles and other rigid packaging products. Financial terms of the private transaction were not disclosed. Novvia is backed by Kelso & Company (“Kelso”).

Founded in 1990, Ocean State is a trusted supplier of stock and custom packaging solutions to a national network of long-tenured customers spanning diverse end markets. Ocean State offers a wide selection of bottle shapes, sizes, and substrates, along with caps and closures for a variety of applications. With offices in Rhode Island and New Jersey, Ocean State provides consultative sales support and a suite of value-added services, including design and decoration capabilities.

“We are excited to partner with Novvia to continue growing our business,” said Brian Beneduce, President of Ocean State. “We intend to draw on a long history of customer service and our ‘one-stop-shop’ philosophy to deliver additional value to our loyal customers as part of the national Novvia platform.”

The acquisition marks Novvia’s entry into the New England market and represents a cornerstone of the company’s Northeast strategy. “Ocean State Packaging has built an impressive business over its 33-year history, and we welcome the company to the Novvia family,” said Ken Roessler, Executive Chairman of Novvia. “We look forward to investing in Ocean State’s markets as we grow our footprint of Northeast based employees, customers, and suppliers,” added Roessler.

 

Source: businesswire.com

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