Novolex announced that it has acquired the assets of American Twisting an industry leader in packaging choice, innovation and sustainability. The value of the transaction was not disclosed.
American Twisting is a trusted manufacturer of twisted-paper handles used in the production of paper bags. A family-owned business in continuous operation for more than 100 years, the company is headquartered and has manufacturing facilities in South Haven, Mich. Eligible full-time employees are expected to join Novolex.
“American Twisting is an excellent addition to our company, and we welcome their skilled and committed team to the Novolex family. I’m confident that our long-standing relationship with American Twisting and their steadfast commitment to safety will ensure a smooth integration into Novolex operations.”
Stan Bikulege, Chairman and CEO, Novolex
American Twisting has supplied twisted handles to the Duro paper bag manufacturing operations of Novolex for more than 30 years. The acquisition will assure continued dedicated supplies of twisted handles used in the production of bags, which are a mainstay of many Novolex customers.
“We’re excited to be joining the Novolex family, which we know well given our long history of doing business together. Novolex has a strong tradition of welcoming independent businesses into its operations, and I’m certain that the business will continue to provide superior-quality materials and prosper as part of Novolex.”
Tom Phelps, co-owner, American Twisting
Novolex is a portfolio company of Apollo, a leading global investment firm that acquired a majority of the company in April 2022.
Novolex develops and manufactures diverse packaging products for multiple industries in the foodservice, delivery and carryout, food processor and industrial markets that touch nearly every aspect of daily life. The Novolex family of brands provides customers with innovative food and delivery packaging and performance solutions products for their business needs today while investing in research and development to engineer more sustainable choices for the future. With more than 10,000 employee families, it operates 56 manufacturing facilities in North America and Europe, including two world-class plastic film recycling centers.
One of Novolex’s core focuses is on innovation and sustainability. The company is committed to reducing environmental impact through initiatives like increasing the use of recycled materials, enhancing energy efficiency, and developing products that are designed to be recyclable or compostable. Novolex aims to support a circular economy by offering solutions that minimize waste and promote recycling.In addition to its sustainability efforts, Novolex emphasizes quality and customer service, striving to meet the evolving needs of its diverse clientele. The company’s comprehensive product lineup includes everything from plastic and paper bags to food containers and wraps, making it a versatile choice for businesses looking for reliable packaging solutions.