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Novolex makes ninth acquisition since 2013 with Zenith Specialty Bag takeover

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Novolex has announced Zenith Specialty Bag, a leading provider of specialty paper food packaging products, as its latest acquisition.

The California-based company was founded in 1945 and serves customers across the bakery, coffee and quick service restaurant sectors.

It is known for providing a one-stop shop for custom packaging needs through innovation, state-of-the-art converting equipment and efficient manufacturing operations.

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Stan Bikulege, chairman and CEO of Novolex, said: “We are pleased to welcome Zenith into the Novolex family.

“Zenith brings to our company not only a nearly 75-year history of manufacturing excellence and customer focus, but also a number of important products that will enhance our Bagcraft Packaging business and help us continue our strategic growth.”

Scott Anderson, Zenith’s President & CEO, added: “Today’s announcement marks the start of a new chapter in the long history of Zenith Specialty Bag, and a strong step forward for the Zenith team and its customers.

“I’m confident that the vision shared with us by the leadership of Novolex will position our team and our products for growth and an exciting future.”

Zenith Specialty Bag is the ninth acquisition by Novolex since 2013 following The Waddington Group, Shields Bag & Printing, Burrows Packaging, Heritage Bag, Wisconsin Film & Bag, Packaging Dynamics, Duro Bag and a portion of Clondalkin Group’s North American Flexible Packaging Division.

With the addition of Zenith Specialty Bag, Novolex will have more than 10,000 team members and 61 manufacturing sites worldwide.

Tags : acquisitionNovolexZenith Specialty Bag
Patrick Cremona

The author Patrick Cremona

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