Novvia Group Completes Acquisition of JF Shelton’s Packaging Distribution Division

5 January 2023

Global rigid container and life sciences packaging distributor, Novvia Group (“Novvia”), has acquired the packaging distribution division JF Shelton (“JF Shelton Packaging Distribution” or the “Company”) from Ravago Chemicals. JF Shelton Packaging Distribution is a Washington-based distributor of bottles, drums, IBCs, and other rigid packaging solutions. Financial terms of the private transaction were not disclosed. Novvia is backed by Kelso & Company (“Kelso”).

Operating out of facilities located in Kent, Washington and Portland, Oregon, JF Shelton Packaging Distribution has been a supplier of rigid packaging products to the West Coast for over 35 years. The Company offers customers operating in a variety of industries a wide range of rigid packaging solutions, including plastic bottles and closures, fiber and plastic drums and accessories, IBCs, and other rigid packaging products.

The acquisition further bolsters Novvia’s presence on the West Coast and will be combined with Rhino Container, Novvia’s Chino, CA-based rigid packaging subsidiary, which Novvia acquired in December 2021. “The acquisition of JF Shelton Packaging Distribution adds to our already strong West Coast portfolio,” said Novvia Executive Chairman Ken Roessler. “We are pleased to have partnered with Ravago Chemicals to complete this complex carve-out transaction.”

 

Source: businesswire.com