Novvia Group, a rigid container and life sciences packaging distributor and backed by Kelso private equity, has acquired the container distribution division of Andicor Specialty Chemicals.
Andicor Container Distribution is a distributor of cans, pails, drums, and additional rigid packaging products to a spectrum of end-markets. The firm makes use of its 20 years of experience, nationwide sales team, and network of warehouse and delivery services to offer a comprehensive product and distribution offering.
“Andicor Container Distribution is excited to partner with Novvia Group to help fuel the division’s next phase of growth,” said Steve Waters, CEO of Andicor Specialty Chemicals. “We believe the resources and capabilities of the broader Novvia organization will allow Andicor Container Distribution to better serve its existing and future customers and drive expansion in the Canadian market.”
“Completing the acquisition of Andicor Container Distribution marks a continuation of Novvia’s strong growth momentum and demonstrates our ability to execute on a complex, cross-border carve-out,” commented Novvia executive chairman Ken Roessler. “Steve Waters and his partners have built a great business and we look forward to continuing their legacy of customer service.”