M&A Deal Summary

Novolex Acquires American Twisting

On September 4, 2024, Novolex acquired packaging company American Twisting

Acquisition Highlights
  • This is Novolex’s 10th transaction in the Packaging sector.
  • This is Novolex’s 10th transaction in the United States.
  • This is Novolex’s 1st transaction in Michigan.

M&A Deal Summary
Date 2024-09-04
Target American Twisting
Sector Packaging
Buyer(s) Novolex
Deal Type Add-on Acquisition

Target

American Twisting

South Haven, Michigan, United States
American Twisting is a company specializing in the manufacturing and distribution of twisted yarns and fibers. American Twisting provides products for various industries, including textiles, automotive, and industrial applications. American Twisting offerings include custom twisting solutions and specialty yarns. American Twisting is based in South Haven, Michigan.

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Buyer(S) 1

Buyer

Novolex

Hartsville, South Carolina, United States
Category Company
Founded 2003
Sector Packaging
DESCRIPTION

Novolex is a manufacturer of paper and plastic flexible packaging products. Novolex serves customers across foodservice, grocery, retail, and industrial end markets with a diverse product portfolio including retail and specialty bags, food packaging products, and a broad range of specialty films and laminated products. Novolex was founded in 2003 and is headquartered in Hartsville, South Carolina.

DEAL STATS #
Overall 12 of 12
Sector (Packaging) 10 of 10
Type (Add-on Acquisition) 11 of 11
State (Michigan) 1 of 1
Country (United States) 10 of 10
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-09 Vegware

Edinburgh, United Kingdom

Vegware is an international provider of compostable foodservice packaging operations in the U.K., EU, and the United States. The company's products are made with renewable, plant-based materials designed to be commercially composted with food waste. Vegware was formed in 2006 and is based in Edinburgh, United Kingdom.

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