M&A Deal Summary

Novvia Group Acquires Rahway Steel Drum

On December 8, 2022, Novvia Group acquired distribution company Rahway Steel Drum

Acquisition Highlights
  • This is Novvia Group’s 11th transaction in the Distribution sector.
  • This is Novvia Group’s 12th transaction in the United States.
  • This is Novvia Group’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2022-12-08
Target Rahway Steel Drum
Sector Distribution
Buyer(s) Novvia Group
Deal Type Add-on Acquisition

Target

Rahway Steel Drum

Cranbury, New Jersey, United States
Rahway Steel Drum is a distributor of drums, pails, IBCs, and other rigid packaging solutions. Rahway Steel Drum is based in Cranbury, New Jersey.

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Buyer(S) 1

Buyer

Novvia Group

Atlanta, Georgia, United States

Category Company
Sector Packaging
DESCRIPTION

Novvia Group is a provider of packaging solutions and customized services with domestic and international customers across myriad industries. Novvia Group is based in Atlanta, Gerogia.


DEAL STATS #
Overall 13 of 18
Sector (Distribution) 11 of 13
Type (Add-on Acquisition) 8 of 12
State (New Jersey) 1 of 2
Country (United States) 12 of 17
Year (2022) 8 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-28 Innovative Container

La Mirada, California, United States

Innovative Container is a distributor of plastic, metal, glass, and corrugated containers that supply the Southern California market with a range of rigid packaging solutions, including pails, drums, bottles, jugs, jars, and cans. The company provides quality products and services to customers spanning a variety of end markets, including paints and coatings, chemicals, inks, food, and emergency preparedness. Innovative Container was formed in 2009 and is based in La Mirada, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-04 J.F. Shelton

Kent, Washington, United States

J.F. Shelton is a distributor of bottles, drums, IBCs, and other rigid packaging solutions. J.F. Shelton was founded in 1974 and is based in Kent, Washington.

Buy -