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.
- Headquarter Hartsville, United States
- Phoneβ’β’β’β’ β’β’β’β’
- Website novolex.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by The Carlyle Group (Nov 2016)
- Legal Name Novolex
Products & Services of Novolex
Novolex offers a comprehensive portfolio of products and services, including Food Packaging and Sustainable Packaging.
Packaging for food items is manufactured by Novolex to support industries like foodservice and retail.
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.
Videos from Novolex
The most watched videos on Novolex's YouTube channel, Novolex (449 subscribers). Click a video to play it here.
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.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2018 | $1.6B | Debt – Conventional | β | β | β |
| Jun 2018 | $500M | Debt – Conventional | β | β | |
| Jan 2017 | $625M | Debt – Conventional | β | β | |
| Dec 2016 | $1.88B | Debt – Conventional | β | β | β |
| Sep 2016 | $157,500 | Grant | β | β |
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Buyouts are targeted through private equity investments by the firm. | 1990 | apollo.com | New York, United States | |
A private equity firm focused on middle market businesses. | 1984 | wppartners.com | Chicago, United States | |
Private equity investments are directed toward multiple sectors. | 1986 | carlyle.com | - | |
Provides banking, credit cards, investments, loans, and auto financing services. | 1985 | jpmorganwealthmanagement.com | New York, United States | |
Wealth management, asset management, and investment banking services are offered. | 1856 | credit-suisse.com | Zurich, Switzerland | |
Diversified banking and financial services are provided globally. | 1870 | db.com | Frankfurt Am Main, Germany | |
Merger and acquisitions advisory services are provided across multiple sectors. | 1962 | jefferies.com | New York, United States | |
Diversified financial services are offered through commercial banking operations. | 1812 | citigroup.com | New York, United States | |
Wealth management, investment advisory, and financial services are provided. | 1935 | morganstanley.com | New York, United States |
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
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People of Novolex
238 people are tracked at Novolex (98 in leadership, 1 in board & advisors, 139 in team).
| Name | Role | Group |
|---|---|---|
Stanley Bikulege | CEO | Leadership |
Stephen Kapantais | Sr. Director, Food, Grocery & Retail | Leadership |
Rod Glauser | Director Strategic Projects | Leadership |
Joe Spina | VP Of Human Resources | Leadership |
Julie Wojnicki | Human Resources Director | Leadership |
James Jones | Chief Procurement Officer | Leadership |
Kelli Steinbrunner | Director, HR Can Liner / Cf&b | Leadership |
Franco Petronio | Director Commercial Paper Sales - Canada | Leadership |
Dan Kuchar | Director Of Sales- Food Packaging Canada | Leadership |
Aaron Wright | Director, Treasury | Leadership |
Paul Frantz | President, Food & Delivery | Leadership |
Adrianne Tipton | CTO | Leadership |
Armando Ramirez | Plant General Manager | Leadership |
Sam Miller | Vice President National Accounts | Leadership |
Eric Meier | Director, Finance - Enterprise Operations | Leadership |
John Maloney | Vice President, QSR Sales | Leadership |
Dennis Norman | CFO | Leadership |
Phil Rozenski | VP of Public Affairs | Leadership |
Erik Gonring | Senior Director, Sustainability | Leadership |
Chastity Morris | Director Of Quality | Leadership |
218 more people are available in the full profile.
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
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Food packaging products are manufactured by Pactiv Evergreen. | pactivevergreen.com | Lake Forest, United States | 2006 | Dec 2024 | $6.7B | |
Food packaging manufacturing services are provided to global clients. | vegware.com | Edinburgh, United Kingdom | 2006 | Aug 2021 | β’β’β’β’ | |
Fabric and plastic bags are manufactured under contract. | flexobags.com | Meriden, United States | 1994 | Jul 2021 | β’β’β’β’ | |
Manufacturer and supplier of paper and plastic bags | bhbag.com | Brookshire, United States | 1975 | Dec 2020 | β’β’β’β’ | |
Specialty paper bags are manufactured for various applications. | zbags.com | San Gabriel, United States | 1945 | Oct 2019 | β’β’β’β’ | |
Food packaging products are manufactured and supplied globally. | thewaddingtongroup.com | Covington, United States | 2000 | May 2018 | $2.3B | |
Plastic bags are supplied and printing services are provided. | shieldsbag.com | Yakima, United States | 1935 | Jan 2018 | β’β’β’β’ | |
Packaging products are supplied by Burrows Paper for industrial use. | burrowspaper.com | New York, United States | 1919 | Dec 2016 | β’β’β’β’ | |
Wholesaler of bags for hospitals, education, and industrial | heritage-bag.com | Roanoke, United States | 1973 | Apr 2016 | β’β’β’β’ | |
Mono-layer polyethylene bags and film are custom manufactured. | wifb.com | Shawano, United States | 1972 | Sep 2015 | β’β’β’β’ |
Complete acquisition details for Novolex
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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- Complete history
- Exports
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Timeline of Novolex
16 dated milestones of Novolex across 20 years, from founding to its latest funding, stage changes and deals.
- Founded Novolex is founded.
- Exit Acquired by Wind Point Partners.
- Acquisition Acquires Wisconsin Film & Bag.
- Acquisition Acquires Heritage Bag.
- Funding First funding round of $158K.
- Exit Acquired by The Carlyle Group.
- Acquisition Acquires Burrows Paper.
- Acquisition Acquires Shields Bag.
- Acquisition Acquires The Waddington Group.
- Funding Latest funding round, Debt β Conventional, of $1.6B.
- Acquisition Acquires Zenith Specialty Bag.
- Acquisition Acquires B & H Bag.
- Acquisition Acquires Flexo Converters.
- Acquisition Acquires Vegware.
- Exit Acquired by Apollo Global Management.
- Acquisition Acquires Pactiv Evergreen.
Web traffic of Novolex
The website of Novolex (novolex.com) receives about 48.7K visits a month.
- Monthly visits48.7K
▲ 12.6% vs previous month
Websites whose visitors overlap most with Novolex. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
tssip.com | tssip.com | 100% | – | #14,013,652 | β |
fnsheppard.com | fnsheppard.com | 99% | – | #6,832,619 | β |
| printpack.com | 92% | – | #2,434,695 | View details | |
prattindustries.com | prattindustries.com | 88% | – | #1,056,142 | β |
| ugn.com | 53% | 680.7K | #2,871,698 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
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
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.

