Kelso-backed Novvia Group acquires JF Shelton’s packaging distribution unit

The seller was Ravago Chemicals.

  • Novvia is a global rigid container and life sciences packaging distributor
  • Since 1980, Kelso has invested approximately $19 billion of equity capital in 139 transactions
  • Based in New York City, Kelso invests in the middle market

Novvia Group, which is backed by Kelso & Company, has acquired JF Shelton’s packaging distribution division. The seller was Ravago Chemicals. No financial terms were disclosed.
Novvia is a global rigid container and life sciences packaging distributor.

JF Shelton operates out of facilities located in Kent, Washington and Portland, Oregon.

“The acquisition of JF Shelton Packaging Distribution adds to our already strong West Coast portfolio,” said Novvia Executive Chairman Ken Roessler in a statement. “We are pleased to have partnered with Ravago Chemicals to complete this complex carve-out transaction.”

Since 1980, Kelso has invested approximately $19 billion of equity capital in 139 transactions. Based in New York City, Kelso invests in the middle market.