Novolex, an industry leader in packaging, has acquired Flexo Converters USA, Inc. and its affiliates.
Flexo is a manufacturer of stock, custom and recycled paper bags and sacks. A family-owned business, Flexo was founded in 1994. It is headquartered and has a manufacturing facility in Meriden, Conn., and an additional plant in Monroe, Ga.
The addition of Flexo products to the portfolio will enable Novolex’s Duro Bag brand to support customer demand through Flexo's production capacity. Novolex has seen a significant increase in demand for paper bags and sacks as consumer purchasing patterns have shifted.
Novolex is a portfolio company of The Carlyle Group, a leading global investment firm that acquired a majority of the company in December 2016.