April 27, 2017 1:36 AM ET

Containers and Packaging

Company Overview of Novolex

Company Overview

Novolex manufactures and distributes plastic packaging products. It markets its products under the Hilex Poly brand name. The company was founded in 2003 and is based in Hartsville, South Carolina.

101 East Carolina Avenue

Hartsville, SC 29500

United States

Founded in 2003





Key Executives for Novolex

Chairman, Chief Executive Officer, and President
Age: 52
Founder and Director
Age: 63
Senior Vice President of Sustainability and Environmental Policy
Director of New Product Development
Compensation as of Fiscal Year 2016.

Novolex Key Developments

Carlyle Group Is In Talks To Buy Novolex

The Carlyle Group LP (NasdaqGS:CG) is in talks to buy Novolex for a price that could exceed $2.5 billion, according to people familiar with the matter.

Wind Point Partners Reportedly Looking To Sell Novolex

Wind Point Partners is exploring a sale of Novolex Holdings, Inc., in a deal that could value it at around $1.75 billion, including debt, according to three people familiar with the matter. Wind Point Partners has hired investment banks Deutsche Bank AG and Macquarie Group Ltd to run an auction for Novolex, the people said this week, asking not to be identified because the sale process is confidential. Novolex and Wind Point Partners did not respond to requests for comment, while Deutsche Bank and Macquarie declined to comment.

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Recent Private Companies Transactions

November 28, 2016

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