M&A Deal Summary

Novolex Acquires Shields Bag & Printing

On December 1, 2017, Novolex acquired packaging company Shields Bag & Printing

Acquisition Highlights
  • This is Novolex’s 6th transaction in the Packaging sector.
  • This is Novolex’s 5th transaction in the United States.
  • This is Novolex’s 1st transaction in Washington.

M&A Deal Summary
Date 2017-12-01
Target Shields Bag & Printing
Sector Packaging
Buyer(s) Novolex
Deal Type Add-on Acquisition
Advisor(s) Moss Adams Capital (Financial)
Bryan Cave Leighton Paisner LLP
Stokes Lawrence (Legal)

Target

Shields Bag & Printing

Yakima, Washington, United States
Shields Bag & Printing Co. is a manufacturer of custom engineered flexible packaging products. Shields Bag & Printing Co. was founded in 1935 and is based in Yakima, Washington.

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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 6 of 12
Sector (Packaging) 6 of 10
Type (Add-on Acquisition) 6 of 11
State (Washington) 1 of 1
Country (United States) 5 of 10
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-04 Heritage Bag

Roanoke, Texas, United States

Heritage Bag Co. is a manufacturer of plastic can liners and other packaging products. Heritage Bag Co. was founded in 1973 and is based in Roanoke, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-04 The Waddington Group

Covington, Kentucky, United States

The Waddington Group is a manufacturer and marketer of premium disposable tableware for commercial, foodservice and retail markets. Headquartered in Covington, KY, the company operates seventeen manufacturing facilities across the U.S., Canada, the United Kingdom and Ireland.

Buy -
Mergr

Product

Company

Legal