Novolex

Hartsville, United States Founded: 2004 • Age: 22 yrs Acquired By Apollo Global Management
Packaging products and solutions are supplied to multiple industries.

About Novolex

Novolex is a company based in Hartsville (United States) founded in 2004 was acquired by Apollo Global Management in February 2022. Novolex has completed 11 acquisitions, including B & H Bag, Burrows Paper and Flexo Converters. Novolex offers products and services including Food Packaging and Sustainable Packaging.

Key Metrics

Products & Services of Novolex

Novolex offers a comprehensive portfolio of products and services, including Food Packaging and Sustainable Packaging.

Food Packaging
Packaging Products

Packaging for food items is manufactured by Novolex to support industries like foodservice and retail.

Sustainable Packaging
Eco-Friendly Products

Environmentally conscious packaging options are developed by Novolex for reducing waste in various applications.

Apps and channels of Novolex

its YouTube channel Novolex has 449 subscribers and 30 videos.

Novolex
YouTube 449 subscribers 30 videos Science & Technology
Open channel

Videos from Novolex

The most watched videos on Novolex's YouTube channel, Novolex (449 subscribers). Click a video to play it here.

NVL FAMILY 1121 15sec
53.6K views
NVL CHALL SPANISH 1121 15sec
42.6K views
NVL CHALLENGE 1121 15sec
30.4K views
NVL FAMILY SPANISH 1121 15sec
8K views

More on Novolex.

Funding Insights of Novolex

  • Total Rounds 5
  • Last Round Debt – Conventional β€” $1.6B
  • First Round $157,500

    (Sep 2016)

  • Investors Count 8

All 5 funding rounds of Novolex with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2018$1.6BDebt – Conventional––
–
Jun 2018$500MDebt – Conventional––
Jan 2017$625MDebt – Conventional––
Dec 2016$1.88BDebt – Conventional––
–
Sep 2016$157,500Grant––
Valuation history

11 investors in total: 11 institutional.

Investors in Novolex

Novolex has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Citi, Goldman Sachs and Deutsche Bank.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investment banking services are delivered across multiple financial sectors.
1869goldmansachs.comNew York, United States
Buyouts are targeted through private equity investments by the firm.
1990apollo.comNew York, United States
A private equity firm focused on middle market businesses.
1984wppartners.comChicago, United States
Private equity investments are directed toward multiple sectors.
1986carlyle.com-
Provides banking, credit cards, investments, loans, and auto financing services.
1985jpmorganwealthmanagement.comNew York, United States
Wealth management, asset management, and investment banking services are offered.
1856credit-suisse.comZurich, Switzerland
Diversified banking and financial services are provided globally.
1870db.comFrankfurt Am Main, Germany
Merger and acquisitions advisory services are provided across multiple sectors.
1962jefferies.comNew York, United States
Diversified financial services are offered through commercial banking operations.
1812citigroup.comNew York, United States
Wealth management, investment advisory, and financial services are provided.
1935morganstanley.comNew York, United States
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Investor details for Novolex

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Novolex

238 people are tracked at Novolex (98 in leadership, 1 in board & advisors, 139 in team).

NameRoleGroup
Stanley Bikulege
CEOLeadership
Stephen Kapantais
Sr. Director, Food, Grocery & RetailLeadership
Rod Glauser
Director Strategic ProjectsLeadership
Joe Spina
VP Of Human ResourcesLeadership
Julie Wojnicki
Human Resources DirectorLeadership
James Jones
Chief Procurement OfficerLeadership
Kelli Steinbrunner
Director, HR Can Liner / Cf&bLeadership
Franco Petronio
Director Commercial Paper Sales - CanadaLeadership
Dan Kuchar
Director Of Sales- Food Packaging CanadaLeadership
Aaron Wright
Director, TreasuryLeadership
Paul Frantz
President, Food & DeliveryLeadership
Adrianne Tipton
CTOLeadership
Armando Ramirez
Plant General ManagerLeadership
Sam Miller
Vice President National AccountsLeadership
Eric Meier
Director, Finance - Enterprise OperationsLeadership
John Maloney
Vice President, QSR SalesLeadership
Dennis Norman
CFOLeadership
Phil Rozenski
VP of Public AffairsLeadership
Erik Gonring
Senior Director, SustainabilityLeadership
Chastity Morris
Director Of QualityLeadership

218 more people are available in the full profile.

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Complete people profiles for Novolex

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Novolex

Novolex has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include B & H Bag, Burrows Paper and Flexo Converters.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Food packaging products are manufactured by Pactiv Evergreen.
pactivevergreen.comLake Forest, United States2006Dec 2024$6.7B
Food packaging manufacturing services are provided to global clients.
vegware.comEdinburgh, United Kingdom2006Aug 2021β€’β€’β€’β€’
Fabric and plastic bags are manufactured under contract.
flexobags.comMeriden, United States1994Jul 2021β€’β€’β€’β€’
Manufacturer and supplier of paper and plastic bags
bhbag.comBrookshire, United States1975Dec 2020β€’β€’β€’β€’
Specialty paper bags are manufactured for various applications.
zbags.comSan Gabriel, United States1945Oct 2019β€’β€’β€’β€’
Food packaging products are manufactured and supplied globally.
thewaddingtongroup.comCovington, United States2000May 2018$2.3B
Plastic bags are supplied and printing services are provided.
shieldsbag.comYakima, United States1935Jan 2018β€’β€’β€’β€’
Packaging products are supplied by Burrows Paper for industrial use.
burrowspaper.comNew York, United States1919Dec 2016β€’β€’β€’β€’
Wholesaler of bags for hospitals, education, and industrial
heritage-bag.comRoanoke, United States1973Apr 2016β€’β€’β€’β€’
Mono-layer polyethylene bags and film are custom manufactured.
wifb.comShawano, United States1972Sep 2015β€’β€’β€’β€’
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Complete acquisition details for Novolex

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Novolex

16 dated milestones of Novolex across 20 years, from founding to its latest funding, stage changes and deals.

  1. Founded Novolex is founded.
  2. Exit Acquired by Wind Point Partners.
  3. Acquisition Acquires Wisconsin Film & Bag.
  4. Acquisition Acquires Heritage Bag.
  5. Funding First funding round of $158K.
  6. Exit Acquired by The Carlyle Group.
  7. Acquisition Acquires Burrows Paper.
  8. Acquisition Acquires Shields Bag.
  9. Acquisition Acquires The Waddington Group.
  10. Funding Latest funding round, Debt – Conventional, of $1.6B.
  11. Acquisition Acquires Zenith Specialty Bag.
  12. Acquisition Acquires B & H Bag.
  13. Acquisition Acquires Flexo Converters.
  14. Acquisition Acquires Vegware.
  15. Exit Acquired by Apollo Global Management.
  16. Acquisition Acquires Pactiv Evergreen.

Web traffic of Novolex

The website of Novolex (novolex.com) receives about 48.7K visits a month.

  • Monthly visits
    48.7K

    ▲ 12.6% vs previous month

Similar websites

Websites whose visitors overlap most with Novolex. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
tssip.com
tssip.com
100%
–#14,013,652–
fnsheppard.com
fnsheppard.com
99%
–#6,832,619–
printpack.com
92%
–#2,434,695View details
prattindustries.com
prattindustries.com
88%
–#1,056,142–
ugn.com
53%
680.7K#2,871,698View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
Premium access

All 13 similar websites and full traffic analytics for Novolex

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 13 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Novolex

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Complete news archive for Novolex

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

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Frequently Asked Questions about Novolex

Novolex was founded in 2004 and raised its 1st funding round 12 years after it was founded.

Novolex is headquartered in Hartsville, United States. It is registered at Hartsville, South Carolina, United States.

Stanley Bikulege is the current CEO of Novolex.

Novolex was founded in 2004 and is headquartered in Hartsville, United States. Packaging solutions are provided for various sectors, including bags, can liners, carryout bags, cutlery, drinkware, films, lidding, liquor bags, tableware, trays, wraps, and liners. Manufacturing occurs in 57 facilities across North America and Europe, supported by more than 10,000 employees. Operations focus on product development and distribution in the packaging industry.

Novolex offers Food Packaging and Sustainable Packaging.

Novolex has made 11 acquisitions, including B & H Bag, Burrows Paper, and Flexo Converters.

Novolex has 11 investors. Key investors include Citi, Goldman Sachs, Deutsche Bank, Morgan Stanley, and The Carlyle Group.

Novolex operates through Novolex.

Yes. Novolex was acquired by The Carlyle Group in November 2016.

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